American Campus Communities Inc. Q3 2008 Earnings Call Transcript

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2008-10-29 13:54:12.0

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Earnings Call Excerpt

American Campus Communities Inc. (ACC)

Q3 2008 Earnings Call

October 29, 2008 11:00 am ET

Executives

Gina Cowart - IR and Corporate Marketing

Bill Bayless - CEO

Brian Nickel - CIO

Jon Graf - CFO

Greg Dowell - COO

Jim Hopke - EVP Project Management

Analysts

Alex Goldfarb - UBS

Karin Ford - KeyBanc Capital Markets

David Toti - Citi

Paula Poskon - Robert W. Baird

Andrew McCulloch - Green Street Advisors

Anthony Paolone - J.P. Morgan

Steve Swett - KBW

Operator

Welcome to the 2008 third 2008 quarter American Inc. earning conference call, my name is Ann and I will be your coordinator for today’s call. If you need assistance at any time during the call, press star, followed by zero, and the operator will be very happy to assist you. As a reminder this conference is being recorded for replay purposes. At this time all participants are in listen-only mode. We will be facilitating a question and answer session, towards the end of the presentation. I would now like to turn the presentation over to Gina Cowart - Vice President of Investor Relations.

Please proceed.

Gina Cowart - IR and Corporate Marketing

Thank you Ann. Good morning and thank you for joining the American Campus Communities (ACC) third quarter 2008 conference call. The press release is furnished on form 8K to provide access to the widest possible audience. In a release the company has reconciled the non-GAAP financial measures to those directly comparable to that measures, in accordance with regG requirements. If you do not have a copy of the release, it is available on the company’s website at www.studenthousing.com in the Investor Relations section under press releases.

Also posted on the company website in the Investor Relations section under supplemental information, you will find a supplemental financial package. Additionally, we are hosting a live webcast for today’s call which you can access on the website with the least play available for at least one month. Our supplemental package and our webcast presentation are one and the same. Webcast 5 may be advanced by you to facilitate following along.

Management will be making forward looking statements today. The references to the disclosure in the press release on the website with the SEC filing. Management would like to inform you that certain statements made during this conference call which are not historical fact may be deemed forward-looking statements within the meaning of section 27-A, the Securities Act of 1933 and section 21e of the Securities and Exchange Act of 1934 as amended by the Private Securities Litigational Form ACt of 1995.

 

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