Alexandria Real Estate Equities, Inc. (ARE) CEO Peter Moglia on Q1 2020 Results - Earnings Call Transcript

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Q1: 2020-04-27 Earnings Summary

EPS of $0.14 misses by $0.53
 | Revenue of $439.92M (22.59% Y/Y) beats by $24.29M

Alexandria Real Estate Equities, Inc. (NYSE:ARE) Q1 2020 Earnings Conference Call April 28, 2020 3:00 PM ET

Company Participants

Paula Schwartz - Rx Communications Group
Joel Marcus - Founder & Executive Chairman
Jenna Foger - Senior Principal of Science and Technology
Stephen Richardson - Co-CEO
Peter Moglia - Co-CEO & Co-CIO
Dean Shigenaga - Co-President & CFO

Conference Call Participants

Sheila McGrath - Evercore ISI
Anthony Paolone - JPMorgan Chase & Co.
William Catherwood - BTIG
Emmanuel Korchman - Citigroup
James Feldman - Bank of America Merrill Lynch
Richard Anderson - SMBC
Michael Carroll - RBC Capital Markets
David Rodgers - Robert W. Baird & Co.
Omotayo Okusanya - Mizuho Securities United States
Michael Bilerman - Citigroup

Operator

Good afternoon. Welcome to Alexandria Real Estate Equities First Quarter 2020 Conference Call. [Operator Instructions]. Please note that this event is being recorded. I would now like to turn the conference over to Paula Schwartz from 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 differ materially 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 Securities and Exchange Commission. 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 to everybody. And with me today, virtually, I think, our first virtual quarterly call. In order presentation is Jenna Foger, Steve Richardson, Peter Moglia and Dean Shigenaga. And we're pleased to present the first quarter earnings call. This will forever be known as the COVID-19 quarter for all public reporting companies. And as I always do, I want

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