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Equity Residential (EQR) Q1 2023 Earnings Call Transcript

Apr. 26, 2023 4:19 PM ETEquity Residential (EQR) Stock
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Equity Residential (NYSE:EQR) Q1 2023 Earnings Conference Call April 26, 2023 11:00 AM ET

Company Participants

Martin McKenna - First VP, Investor & Public Relations

Mark Parrell - President, CEO & Trustee

Michael Manelis - EVP & COO

Alexander Brackenridge - EVP & CIO

Robert Garechana - EVP & CFO

Conference Call Participants

Eric Wolfe - Citi

John Kim - BMO Capital Markets

Stephen Sakwa - Evercore ISI

Michael Goldsmith - UBS

Bradley Heffern - RBC Capital Markets

Linda Tsai - Jefferies

James Feldman - Wells Fargo Securities

Chandni Luthra - Goldman Sachs Group

Alexander Goldfarb - Piper Sandler & Co.

Richard Anderson - SMBC

Omotayo Okusanya - Crédit Suisse

Nicholas Yulico - Scotiabank

John Pawlowski - Green Street Advisors

Joshua Dennerlein - Bank of America Merrill Lynch

Adam Kramer - Morgan Stanley

Haendel St. Juste - Mizuho Securities


Good day, and welcome to the Equity Residential 1Q '23 Earnings Conference Call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Martin McKenna. Please go ahead, sir.

Martin McKenna

Good morning, and thanks for joining us to discuss Equity Residential's first quarter 2023 results. Our featured speakers today are Mark Parrell, our President and CEO and Michael Manelis, our Chief Operating Officer. Bob Garechana, our Chief Financial Officer and Alex Brackenridge, our Chief Investment Officer are here with us as well for the Q&A. Our earnings release is posted in the Investors section of equityapartments.com. Please be advised that certain matters discussed during this conference call may constitute forward-looking statements within the meaning of the federal securities laws.

These forward-looking statements are subject to certain economic risks and uncertainties. The company assumes no obligation to update or supplement these statements that become untrue because of subsequent events.

Now I will turn

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