Earnings Call Excerpt
Ventas Inc. (VTR)
Q4 2008 Earnings Call
February 12, 2009 10:00 am ET
Executives
Debra Cafaro - Chairman, President, and Chief Executive Officer
Richard Schweinhart - Executive Vice President and Chief Financial Officer
Raymond Lewis - Chief Investment Officer and Executive Vice President
David Smith - Investor Relations
Analysts
David Toti - Citigroup
Karin Ford - Keybanc Capital Markets
Richard Anderson - BMO Capital Markets
Jerry Doctrow - Stifel Nicolaus & company, Inc.
Dustin Pizzo - Banc of America Securities
Omotayo Okusanya - UBS
Robert Mains - Morgan Keegan
Mark Afrasiabi - PIMCO
Brian Sekino - Barclays Capital
Rosemary Pugh - Green Street Advisors
Presentation
Operator
Ladies and gentlemen, welcome to the fourth quarter 2008 Ventas Earnings Conference Call. My name is Tanya and I will be your coordinator for today. At this time, all participants are in a listen-only mode. (Operator Instructions) I will now like to turn the presentation over to your host for today’s call Mr. David Smith. Mr. Smith please proceed.
David Smith
Good morning and welcome to the Ventas conference call to review the company’s announcement this morning regarding its results for the year in quarter ended December 31, 2008. As we start, let me express that all projections and predictions and certain other statements to be made during this conference call maybe considered forward-looking statements within the meaning of the securities laws.
These projections, predictions and statements are based on management’s current beliefs as well as on a number of assumptions concerning future events. The forward-looking statements are subject to many risks, uncertainties and contingencies and stockholders and others should recognize that actual results may differ materially from to the company’s expectations whether expressed or implied.
We refer you to the company’s reports filed with the Securities and Exchange Commission including the company’s annual report on Form 10-K for the year-ended December 31, 2007 and the company’s other reports filed periodically with the SEC for a discussion of the forward-looking statements and other factors that could effect these forward-looking statements.
Many of these factors are beyond the control of the company and its management. The information being provided today is as of this date only as Ventas expressively disclaims any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any changes in expectations.
Please note that quantitative reconciliations between each non-GAAP financial measure contained in the [audio dip] and its most directly comparable GAAP measure as well as the company’s supplemental disclosure schedule are available in the investor relations section of our website at www.ventasreit.com. I will now turn the call over to Debra A. Cafaro, Chairman, President and CEO of the company.
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