Alexandria Real Estate Equities, Inc. (ARE) CEO Peter Moglia on Q1 2019 Results - Earnings Call Transcript

SA Transcripts
153.96K Followers

Q1: 2019-04-29 Earnings Summary

EPS of $1.11 beats by $0.54
 | Revenue of $358.84M (12.09% Y/Y) beats by $1.91M

Alexandria Real Estate Equities, Inc. (NYSE:ARE) Q1 2019 Earnings Conference Call April 30, 2019 3:00 PM ET

Company Participants

Paula Schwartz - Investor Relations
Joel Marcus - Founder & Executive Chairman
Stephen Richardson - Co-Chief Executive Officer
Peter Moglia - Co-Chief Executive Officer & Co-Chief Investment Officer
Dean Shigenaga - Co-President & Chief Financial Officer

Conference Call Participants

Manny Korchman – Citi
Jamie Feldman - Bank of America Merrill Lynch
Sheila McGrath - Evercore ISI
Tom Catherwood - BTIG
Rich Anderson - SMBC Nikko
Dave Rodgers - Baird

Operator

Good afternoon and welcome to the Alexandria Real Estate Equities First Quarter 2019 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Please also note today's event is being recorded.

At this time I'd like to turn the conference call over to Paula Schwartz with Investor Relations. Please go ahead.

Paula Schwartz

Thank you and good afternoon everyone. This conference call contains forward-looking statements within the meaning of the Federal Securities Laws. The company's actual results might differentially from those projected in the forward-looking statements.

Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in the company's periodic reports filed with the SEC.

And now I would like to turn the call over to Joel Marcus, Executive Chairman and Founder. Please go ahead Joel.

Joel Marcus

Thank you, Paula and welcome everybody to the first quarter 2019 earnings call. With me today are Steve Richardson, Peter Moglia, and Dean Shigenaga. First quarter of 2019 was probably as close to a picture-perfect quarter as Alexandria has had in quite a long time, although we had many great quarters.

But in addition to stellar earnings results, we had stellar leasing results which will be talked about in stellar's same-store

Recommended For You

About ARE Stock

SymbolLast Price% Chg
EPS
PE
Div Rate
Yield
Short Interest
Market Cap
Volume
Compare to Peers

More on ARE