First Capital Real Estate Investment Trust (FCXXF) Q4 2024 Earnings Call Transcript

First Capital Real Estate Investment Trust (OTC:FCXXF) Q4 2024 Earnings Conference Call Recap

February 12, 2025 2:00 PM ET

Company Participants:

Alison Harnick – Senior Vice President, General Counsel & Corporate Secretary

Adam Paul – President & Chief Executive Officer

Neil Downey – Executive Vice President, Enterprise Strategies & Chief Financial Officer

Jordie Robins – Executive Vice President & Chief Operating Officer

Conference Call Participants:

Dean Wilkinson – CIBC

Lorne Kalmar – Desjardins

Mike Markidis – BMO Capital Markets

Sam Damiani – TD Cowen

Matt Kornack – National Bank Financial

Mario Saric – Scotia Bank

Pammi Bir – RBC Capital Markets

Operator: Good afternoon. Thank you for standing by.

The Q4 2024 earnings conference call for First Capital Real Estate Investment Trust took place on February 12, 2025, with key company executives and analysts joining the call. The participants discussed the financial performance of the company for the fourth quarter and shared insights into their strategies and outlook for the future.

Alison Harnick, the Senior Vice President and General Counsel of First Capital, provided legal and corporate governance perspectives during the call. Adam Paul, the President and CEO, highlighted the company’s achievements and discussed the overall market conditions affecting the real estate industry.

Neil Downey, the Executive Vice President of Enterprise Strategies and CFO, presented the financial results for the quarter, while Jordie Robins, the Executive Vice President and COO, shared operational updates and initiatives undertaken by the company.

The conference call participants, including analysts from major financial institutions such as CIBC, BMO Capital Markets, and RBC Capital Markets, posed questions and sought clarifications on various aspects of the company’s performance and future plans.

Impact on Me:

As an investor, the insights from the earnings call provide valuable information on First Capital Real Estate Investment Trust’s financial health and strategic direction. Understanding the company’s performance and outlook can help me make informed decisions about my investment portfolio.

Impact on the World:

First Capital Real Estate Investment Trust’s performance and strategies can have broader implications for the real estate industry and the overall economy. As a key player in the market, the company’s actions and decisions can influence trends and developments in the real estate sector, impacting stakeholders, communities, and the economy at large.

Conclusion:

The Q4 2024 earnings conference call provided valuable insights into First Capital Real Estate Investment Trust’s performance and plans for the future. The participation of key company executives and analysts facilitated a thorough discussion of the company’s financial results and strategies, offering valuable information for investors and stakeholders. Moving forward, monitoring the company’s progress and market dynamics will be crucial for making informed decisions in the real estate investment landscape.

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