STAG Industrial, Inc.'s (STAG) CEO Ben Butcher on Q4 2020 Results - Earnings Call Transcript

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Q4: 2021-02-10 Earnings Summary

EPS of $0.63 beats by $0.55
 | Revenue of $129.95M (16.88% Y/Y) beats by $8.32M

STAG Industrial, Inc. (NYSE:STAG) Q4 2020 Earnings Conference Call February 11, 2021 10:00 AM ET

Company Participants

Matts Pinard - VP, IR
Ben Butcher - CEO
Bill Crooker - CFO
Steve Mecke - COO
Dave King - Director, Real Estate Operations

Conference Call Participants

Sheila McGrath - Evercore ISI
Christopher McCurry - Citigroup
Brendan Finn - Wells Fargo
Elvis Rodriguez - Bank of America
Michael Carroll - RBC Capital Markets
Dave Rodgers - Baird
John Massocca - Ladenburg Thalmann
Bill Crow - Raymond James
Chris Lucas - Capital One Securities
Emmanuel Korchman - Citi

Operator

Greetings. Welcome to STAG Industrial’s Fourth Quarter 2020 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] Please note, this conference is being recorded.

I will now turn the conference over to Matts Pinard, Vice President, Investor Relations. Please go ahead.

Matts Pinard

Thank you. Welcome to STAG Industrial’s conference call covering fourth quarter 2020 results.

In addition to the press release distributed yesterday, we have posted unaudited quarterly supplemental information presentation on the Company’s website at stagindustrial.com under the Investor Relations section.

On today’s call, the Company’s prepared remarks and answers to your questions will contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements address matters that are subject to risks and uncertainties that may cause actual results to differ from those discussed today. Examples of forward-looking statements include forecast of core FFO, same-store NOI, G&A, acquisition and disposition volumes, retention rates and other guidance, leasing prospects, rent collections, industry and economic trends as well as other matters.

We encourage all of our listeners to review the more detailed discussions related to the forward-looking statements contained in the Company’s filings with the

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