Veris Residential, Inc. (NYSE:VRE) Q3 2024 Earnings Convention Name October 31, 2024 8:30 AM ET
Firm Contributors
Taryn Fielder – Common Counsel & Secretary
Mahbod Nia – Chief Government Officer
Amanda Lombard – Chief Monetary Officer
Convention Name Contributors
Steve Sakwa – Evercore ISI
Eric Wolfe – Citi
Thomas Catherwood – BTIG
Michael Lewis – Truist Securities Inc.
Operator
Good morning and welcome to Residential Veris Inc’s Third Quarter 2024 Earnings Convention Name. All members might be in listen-only mode. An issue-and-answer session will comply with the formal presentation. [Operator Instructions]. Please notice that this occasion is being recorded.
I’d now like to show the convention over to the Common Counsel, Taryn Fielder. Please go-ahead ma’am.
Taryn Fielder
Good morning, everybody and welcome to Veris Residential’s third quarter Earnings Convention name.
I want to remind everybody that sure info mentioned on this name could represent ahead wanting statements inside the that means of the federal securities regulation. Though we consider the estimates mirrored in these statements are based mostly on affordable assumptions, we can’t give assurance that the anticipated outcomes might be achieved. We refer you to the Firm’s press launch and annual and quarterly experiences filed with the SEC for threat elements that affect the corporate.
With that, I want to hand the decision over to Mahbod Nia, Veris Residential’s Chief Government Officer, who’s joined by Amanda Lombard, Chief Monetary Officer. Mahbod?
Mahbod Nia
Thanks, Taryn, and good morning, everybody. We’re happy to report one other quarter of robust NOI and core FFO progress pushed by the higher than anticipated decision of our non-controllable bills and continued market hire progress; leading to a 17% improve in core FFO throughout the first 9 months of the 12 months.
We proceed to construct upon the robust outcomes delivered within the first
