Equity Residential (EQR) CEO David Neithercut on Q2 2018 Results - Earnings Call Transcript

Jul. 25, 2018 6:54 PM ETEquity Residential (EQR)
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Equity Residential (NYSE:EQR) Q2 2018 Results Earnings Conference Call July 25, 2018 11:00 AM ET

Executives

Marty McKenna - IR

David Neithercut - President and CEO

Michael Manelis - COO

Mark Parrell - CFO

David Santee - EVP, Property Operations

Analysts

Juan Sanabria - Bank of America

Nick Joseph - Citi

Steve Sakwa - Evercore ISI

John Pawlowski - Green Street Advisors

Rich Hill - Morgan Stanley

John Kim - BMO Capital Markets

Michael Lewis - SunTrust

Rich Anderson - Mizuho Securities

Drew Babin - Baird

John Guinee - Stifel

Alexander Goldfarb - Sandler O’Neill

Tayo Okusanya - Jefferies

Wes Golladay - RBC Capital Markets

Operator

Welcome to the Equity Residential Second Quarter 2018 Earnings Conference Call and Webcast. Today’s presentation is being recorded.

And now, I’d like to turn the floor over to Marty McKenna. Please go ahead, sir.

Marty McKenna

Thank you, Catherine. Good morning, and thank you for joining us to discuss Equity Residential’s second quarter 2018 operating results.

Our featured speakers today are David Neithercut, our President and CEO; Michael Manelis, our Chief Operating Officer; and Mark Parrell, our Chief Financial Officer; David Santee is here with us as well.

Please be advised that certain matters discussed during this conference call may constitute forward-looking statements within the meaning of the federal securities laws. These forward-looking statements are subject to certain economic risks and uncertainties. The Company assumes no obligation to update or supplement these statements that become untrue because of subsequent events.

And now, I’ll turn the call over to David Neithercut.

David Neithercut

Thanks, Marty. Good morning, everybody. Thank you for joining us for today’s call.

We’re extremely pleased with the Company’s operating performance to date as we move towards the tail end of our primary leasing season. Because continued strong demand across the board for

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