Colony Credit Real Estate, Inc. (CLNC) CEO Mike Mazzei on Q4 2020 Results - Earnings Call Transcript

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Q4: 2021-02-24 Earnings Summary

EPS of -$0.41 misses by $0.45
 | Revenue of $103.63M (-21.28% Y/Y) beats by $25.53M

Colony Credit Real Estate, Inc. (CLNC) Q4 2020 Earnings Conference Call February 24, 2020 5:00 PM ET

Company Participants

David Palame - General Counsel
Mike Mazzei - President and CEO
Andy Witt - COO
Frank Saracino - CFO

Conference Call Participants

Stephen Laws - Raymond James
Randy Binner - B. Riley
Tim Hayes - BTIG
Steven Delaney - JMP Securities

Operator

Greetings. Welcome to Colony Credit Real Estate, Inc. Fourth Quarter 2020 Earnings Call. At this time, all participants are in listen-only mode. A question-and-answer session will follow the formal presentation. [Operator instructions] Please note, this conference is being recorded.

I’ll now turn the conference over to your host, David Palame, General Counsel. You may begin.

David Palame

Good afternoon, and welcome to Colony Credit Real Estate, Inc's fourth quarter and full year 2020 earnings conference call. We will refer to Colony Credit Real Estate, Inc. as CLNC, Colony Credit Real Estate, Colony Credit or the company throughout this call.

Speaking on the call today are the company's President and Chief Executive Officer, Mike Mazzei; Chief Operating Officer, Andy Witt; and Chief Financial Officer, Frank Saracino.

Before I hand the call, please note that on this call, certain information presented contains forward-looking statements. These statements are based on management's current expectations and are subject to risks, uncertainties and assumptions. Potential risks and uncertainties can cause the company's business and financial results to differ materially, including the potential adverse effect of and heightened risks associated with COVID-19.

For a discussion of risks that could affect results, please see the Risk Factors section of our most recent 10-Q and other risk factors and forward-looking statements in the company's current and periodic reports filed with the SEC from time to time.

All information discussed on this call is as of today, February 24, 2021, and the

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