MGM Growth Properties LLC (MGP) CEO James Stewart on Q1 2020 Results - Earnings Call Transcript

May 06, 2020 12:27 AM ETMGM Growth Properties LLC (MGP) StockMGP
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MGM Growth Properties LLC (MGP) Q1 2020 Results Conference Call May 5, 2020 12:30 PM ET

Company Participants

James Stewart - Chief Executive Officer
Andy Chien - Chief Financial Officer

Conference Call Participants

Joe Greff - JP Morgan
Greg McGinniss - Scotiabank
Barry Jonas - SunTrust Robinson Humphrey
Carlo Santarelli - Deutsche Bank
Daniel Adam - Nomura
Rich Hightower - Evercore ISI
Jay Kornreich - SMBC Nikko Securities
Jordan Bender - Macquarie Group
Smedes Rose - Citigroup
John DeCree - Union Gaming
John Massocca - Ladenburg Thalmann
Shaun Kelley - Bank of America
Robin Farley - UBS

Operator

Good afternoon, and welcome to the MGM Growth Properties' First Quarter 2020 Earnings Conference Call. Joining us on the call today from the company are James Stewart, Chief Executive Officer and Andy Chien, Chief Financial Officer. Participants are in a listen-only mode. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Mr. Andy Chien. Please proceed, sir.

Andy Chien

Thank you. Good morning, and good afternoon, and welcome to MGM Growth Properties first quarter 2020 earnings call. This call is being broadcast live on the Internet at mgmgrowthproperties.com and we have furnished our press release on Form 8-K to the SEC this morning.

On this call, we will make forward-looking statements under the Safe Harbor provisions of the federal securities laws. Actual results may differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to materially differ from these forward-looking statements is contained in today's press release and in our periodic filings with the SEC. During the call, we will also discuss non-GAAP financial measures in talking about our performance. You can find the reconciliation to GAAP financial measures in the press release, which is also available on our website. Finally, please note, this

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