Earnings Call Excerpt
Cendant Q4 2005 Earnings Conference Call Transcript (CD)
February 14, 2006, 11:00 am EST
Executives:
Sam Levinson, SVP of Corporate and Investor Relations
Henry Silverman, Chairman and CEO
Ron Nelson, President and Chief Financial Officer
Hank Diamond, Group Vice President of Investor Relations
Operator:
At this time for opening remarks and introductions, I would now like to turn the call over to Mr. Sam Levinson, Senior Vice President of Corporate and Investor Relations.
Sam Levinson, Senior Vice President of Corporate and Investor Relations.
Thank you Phil. Good morning everyone and thank you all for joining us. On the call with me today are our Chairman and CEO Henry Silverman, our President and Chief Financial Officer, Ron nelson and our Group Vice president of Investor Relations, Hank Diamond. Before we discuss our results for the quarter I would like to remind everyone of four things. First, the rebroadcast, reproduction and retransmission of this conference call and web cast without the express written consent of Cendant Corporation are strictly prohibited.
Second, if you did not receive a copy of our press release, it’s available on our website at www.cendant.com or on the first call system.
Third, the company will be making statements about its future results and other forward looking statements during this call. Statements about future results made during the call constitute forward looking statements within the meaning of the private securities litigation reform act of 1995. These statements are based on current expectations and the current economic environment. Forward looking statements and projections are inherently subject to significant economic, competitive and other uncertainties and contingencies which are which are beyond the control of management. The company cautions that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward looking statements.
Important assumptions and other important factors that could cause actual results to differ materially from those in the forward looking statements and projections are specified in the company’s form 10Q for the period ended September 30, 2005 and in our earnings release issued last night and filed on form 8K.
Finally, during the call the company will be using certain non-GAAP financial measures as defined under SEC rules. Where required we’ve provided reconciliation of those measures to the most directly comparable GAAP measures in the tables in the press release and on our website.
Before I turn the call over to our chairman, let me briefly review the headlines of yesterday’s press release.
Thank you gentlemen. If any of our participants would like to ask a question of our presenters, you may ask that question by pressing the * key followed by ?1
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