Kennedy-Wilson Holdings, Inc. (KW) CEO Bill McMorrow on Q2 2021 Results - Earnings Call Transcript

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Q2: 2021-08-04 Earnings Summary

EPS of $1.53 beats by $0.38
 | Revenue of $108.40M (1.40% Y/Y) misses by $5.86M

Kennedy-Wilson Holdings, Inc. (NYSE:KW) Q2 2021 Earnings Conference Call August 5, 2021 10:00 AM ET

Company Participants

Daven Bhavsar - Vice President, Investor Relations
Bill McMorrow - Chairman and Chief Executive Officer
Mary Ricks - President
Matt Windisch - Executive Vice President
Justin Enbody - Chief Financial Officer

Conference Call Participants

Anthony Paolone - JPMorgan
Sheila McGrath - Evercore ISI
Jamie Feldman - Bank of America/Merrill Lynch

Operator

Good day, everyone and welcome to the Kennedy-Wilson Second Quarter 2021 Earnings Conference Call and Webcast. [Operator Instructions] Please note that this event is being recorded. I would now like to turn the conference over to Daven Bhavsar, Vice President of Investor Relations. Please go ahead.

Daven Bhavsar

Thank you and good morning. This is Daven Bhavsar. And joining us today are Bill McMorrow, Chairman and CEO of Kennedy-Wilson; Mary Ricks, President of Kennedy-Wilson; Matt Windisch, Executive Vice President, Kennedy-Wilson; and Justin Enbody, Chief Financial Officer of Kennedy-Wilson. Today’s call will be webcast live and will be archived for replay. The replay will be available by phone for 1 week and by webcast for 3 months. Please see the Investor Relations website for more information.

On this call, we will refer to certain non-GAAP financial measures including adjusted EBITDA and adjusted net income. You can find a description of these items, along with the reconciliation of the most directly comparable GAAP financial measure and our second quarter 2021 earnings release, which is posted on the Investor Relations section of our website. Statements made during this call may include forward-looking statements. Actual results may materially differ from forward-looking information discussed on this call due to a number of risks, uncertainties and other factors indicated in reports and filings with the Securities and Exchange Commission.

I’d now like to turn the call over to

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