2024-02-02 15:23:10 ET
Camden Property Trust (CPT)
Q4 2023 Earnings Conference Call
February 2, 2024 11:00 ET
Company Participants
Kim Callahan - Senior Vice President of Investor Relations
Ric Campo - Chairman & Chief Executive Officer
Keith Oden - Executive Vice Chairman & President
Alex Jessett - Chief Financial Officer
Conference Call Participants
Michael Goldsmith - UBS
Steve Sakwa - Evercore ISI
Brad Heffern - RBC Capital Markets
Austin Wurschmidt - KeyBanc Capital Markets
Rich Anderson - Wedbush
Eric Wolfe - Citi
Haendel St. Juste - Mizuho
Alexander Goldfarb - Piper Sandler
Adam Kramer - Morgan Stanley
John Kim - BMO Capital Markets
Rob Stevenson - Janney
Wes Golladay - Baird
Anthony Paolone - JPMorgan
Omotayo Okusanya - Deutsche Bank
Robin Lu - Green Street
Presentation
Kim Callahan
Good morning and welcome to Camden Property Trust Fourth Quarter 2023 Earnings Conference Call. I'm Kim Callahan, Senior Vice President of Investor Relations. Joining me today are Ric Campo, Camden's Chairman and Chief Executive Officer; Keith Oden, Executive Vice Chairman and President; and Alex Jessett, Chief Financial Officer. Today's event is being webcast through the Investors section of our website at camdenliving.com and a replay will be available this afternoon. We will have a slide presentation in conjunction with our prepared remarks and those slides will also be available on our website later today or by e-mail upon request. [Operator Instructions] Please note, this event is being recorded.
Before we begin our prepared remarks, I would like to advise everyone that we will be making forward-looking statements based on our current expectations and beliefs. These statements are not guarantees of future performance and involve risks and uncertainties that could cause actual results to differ materially from expectations. Further information about these risks can be found in our filings with the SEC and we encourage you to review them. Any forward-looking statements made on today's call represent management's current opinions and the company assumes no obligation to update or supplement these statements because of subsequent events. As a reminder, Camden's complete fourth quarter 2023 earnings release is available in the Investors section of our website at camdenliving.com and it includes reconciliations to non-GAAP financial measures which will be discussed on this call.
We would like to respect everyone’s time and complete our call within one hour, so please limit your initial question to one, then rejoin the queue if you have additional items to discuss. If we are unable to speak with everyone in the queue today, we’d be happy to respond to additional questions by phone or email after the call concludes.
At this time, I'll turn the call over to Ric Campo.
Ric Campo
The theme for our on-hold music today was friends and teammates helping each other. The verse from the theme song of the popular TV show "Friends" sums it up nicely. I'll be there for you when the rain starts to pour. I'll be there for you like I've been there before. I'll be there for you because you've been there for me, too. One of Camden's 9 core values is team players. We recognize our employees who live Camden's values through our annual ACE Awards program. Each year, Camden employees nominate their peers and co-workers for an ACE award. And from our 1,700 employees are selected to be national ACE winners. Those 14 individuals are recognized and celebrated at our national leadership meeting. Being selected as a national ACE Award winner is the highest honor that Camden associates can achieve and represents the best of the best from Team Camden. I want to introduce you to one of our national ACE Award winners for 2023, Santos Castelo....
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Camden Property Trust (CPT) Q4 2023 Earnings Call Transcript