Five Point Holdings (FPH) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to the Five Point Holdings second quarter 2026 conference call. As a reminder, this call is being recorded. Today's call may include forward-looking statements regarding Five Point's business, financial condition, operations, cash flow, strategy, acquisitions, and prospects. Forward-looking statements represent Five Point's estimates on the date of this conference call Thank you for watching. These factors include those described in today's press release and Five Points SEC filings, including those in the Risk Factors section of Five Points' most recent annual report on Form 10-K, filed with the SEC. Please note that Five Points assumes no obligation to update any forward-looking statements. Now, I would like to turn the call over to Dan Hedigan, President and Chief Executive Officer. Thank you. Good afternoon, and thank you for joining us. I have with me today Mike Alvarado, our Chief Operating Officer and Chief Legal Officer, Kim Tobler, our Chief Financial Officer, and Leo Kij, our Senior Vice President of Finance and Reporting. Today I'll review our second quarter results, discuss the progress we've made in executing our strategy, and share why we believe FivePoint is becoming a stronger, more diversified company that is positioned to create long-term shareholder value. Mike will then discuss our operational highlights in more detail, after which Kim will review our financial results, we'll then open the line for questions. Over the past several years, our objective has been straightforward. Unlock the substantial value embedded in our California assets while building a business capable of generating more consistent and predictable earnings over time. During the second quarter, we continue to make meaningful progress on both fronts. Our lega...