CatchMark Timber Trust, Inc. (CTT) CEO Jerry Barag on Q1 2019 Results - Earnings Call Transcript

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Q1: 2019-04-29 Earnings Summary

EPS of $0.08 beats by $0.06
 | Revenue of $181.72M (-9.10% Y/Y) beats by $1.83M

CatchMark Timber Trust, Inc. (CTT) Q1 2019 Earnings Conference Call May 3, 2019 10:00 AM ET

Company Participants

Brian Davis - President and CFO
Jerry Barag - CEO
Todd Reitz - SVP of Forest Resources
John Rasor - President of Triple T Joint Venture

Conference Call Participants

Collin Mings - Raymond James
Randy Toth - Citi

Operator

Good day and welcome to the CatchMark Timber Trust First Quarter 2019 Earnings Call and Webcast. All participants today will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note today’s event is being recorded.

I would like to turn the conference over to Brian Davis, President and CFO. Please go ahead.

Brian Davis

Thank you, Francesca. Good morning and thank you for joining us for a review of CatchMark Timber Trust results for the first quarter of 2019. I’m Brian Davis, President and Chief Financial Officer of CatchMark. Joining me today on the call are Chief Executive Officer, Jerry Barag; Senior Vice President of Forest Resources, Todd Reitz; and John Rasor, President of our Triple T Joint Venture.

During this call, CatchMark management will make forward-looking statements. These forward-looking statements are based on management’s current beliefs and the information currently available. CatchMark’s actual results will be affected by certain risks and uncertainties that are beyond its control or ability to predict and could cause our actual results to differ materially from expectations. For more information about the factors that could cause such differences, we refer you to our 2018 annual report on Form 10-K and subsequent reports that we file with SEC.

Today’s presentation includes certain non-GAAP financial measures. Reconciliations of these measurements are included in our earnings release, which is posted on our website and our Form 10-Q filed with SEC yesterday, May

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