Paramount Group, Inc (PGRE) CEO Albert Behler on Q2 2019 Results - Earnings Call Transcript

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Q2: 2019-07-31 Earnings Summary

EPS of $0.01 beats by $0.01
 | Revenue of $188.58M (-1.48% Y/Y) beats by $1.37M

Paramount Group, Inc (NYSE:PGRE) Q2 2019 Earnings Conference Call August 1, 2019 9:00 AM ET

Company Participants

Rob Simone - Director, Business Development and Investor Relations
Albert Behler - Chairman, Chief Executive Officer and President
Wilbur Paes - Executive Vice President, Chief Financial Officer and Treasurer
Peter Brindley - Executive Vice President Leasing

Conference Call Participants

Jason Green - Evercore
Vikram Malhotra - Morgan Stanley
Jamie Feldman - Bank of America
Derek Johnston - Deutsche Bank
Blaine Heck - Wells Fargo

Operator

Good day, ladies and gentlemen. Thank you for standing by. Welcome to the Paramount Groups Second Quarter 2019 Earnings Conference Call. [Operator Instructions] Please note that this conference call is been recorded today, August 1, 2019. I will now turn the call over to Rob Simone, Director of Business Development and Investor Relations.

Rob Simone

Thank you, operator and good morning. By now, everyone should have access to our second quarter 2019 earnings release and the supplemental information. Both can be found under the heading financial information quarterly results in the Investors section of the Paramount website at www.paramount-group.com.

Some of our comments today will be forward-looking statements within the meaning of the Federal Securities laws. Forward-looking statements, which are usually identified by the use of words such as will, expect, should or other similar phrases are subject to numerous risks and uncertainties that could cause actual results to differ materially from what we expect. Therefore, you should exercise caution in interpreting and relying on them. We refer you to our SEC filings for a more detailed discussion of the risk that could impact our future operating results and financial condition.

During the call, we will discuss our non-GAAP measures, which we believe can be useful in evaluating the company’s operating performance. These measures should not be considered in isolation or

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