Kite Realty Group Trust (NYSE:KRG) Q2 2023 Earnings Conference Call August 1, 2023 12:00 PM ET

Company Participants

Bryan McCarthy - Senior Vice President, Corporate Marketing and Communications

John Kite - Chairman and CEO

Tom McGowan - President and COO

Heath Fear - Executive Vice President and CFO

Dave Buell - Senior Vice President and CAO

Tyler Henshaw - Senior Vice President, Capital Markets and Investor Relations

Conference Call Participants

Todd Thomas - KeyBanc Capital Markets

Craig Mailman - Citi

Floris Van Dijkum - Compass Point

Alexander Goldfarb - Piper Sandler

Anthony Powell - Barclays

Lizzy Doykan - Bank of America

Michael Mueller - JPMorgan

Linda Tsai - Jefferies

Dori Kesten - Wells Fargo

Wesley Golladay - Baird

Paulina Rojas Schmidt - Green Street

Operator

Good day and thank you for standing by. Welcome to the Q2 2023 Kite Realty Group Trust Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions]

Please be advised today’s conference is being recorded. I would now like to hand the conference over to your speaker today, Bryan McCarthy. Please go ahead.

Bryan McCarthy

Thank you, and good afternoon, everyone. Welcome to Kite Realty Group’s second quarter earnings call. Some of today’s comments contain forward-looking statements that are based on assumptions of future events and are subject to inherent risks and uncertainties. Actual results may differ materially from these statements. For more information about the factors that can adversely affect the company’s results, please see our SEC filings, including our most recent Form 10-K.

Today’s remarks also include certain non-GAAP financial measures. Please refer to yesterday’s earnings press release available on our website for reconciliation of these non-GAAP performance measures to our GAAP financial results.

On the call with me today from Kite Realty Group, our Chairman and Chief Executive Officer; John Kite; President and Chief Operating Officer, Tom McGowan; Executive Vice President and Chief Financial Officer, Heath Fear; Senior Vice President and Chief Accounting Officer, Dave Buell; and Senior Vice President, Capital Markets and Investor Relations, Tyler Henshaw.

I will now turn the call over to John.

John Kite

All right. Good morning, everybody. Thanks a lot, Bryan. During the second quarter, KRG delivered outstanding operational results, while continuing to fortify our best-in-class balance sheet. The demand for our high quality space remains strong and we are in a prime position to continue to drive pricing, improve our overall long-term growth profile, enhance tenancy and further grow our revenue and cash flow.