Pershing Square Inc. (PS) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to the Pershing Square 2026 Second Quarter Earnings Call. Today's call is being recorded. All participants are in a listen-only mode. Following today's presentation, we will be taking questions from our phone audience. If you would like to ask a question, you may press star 1 on your telephone keypad to join the queue. It is now my pleasure to turn the conference over to Jill Chapman, Head of Corporate Investor Relations for Pershing Square. Thank you, Taryn. Good morning, everyone, and welcome to Pershing's second quarter 2026 earnings call. Joining me today are CEO and Chairman Bill Ackman and CIO Ryan Israel. Yesterday evening, we issued our earnings presentation and letter to shareholders, which are available on our website at pershingsquareinc.com under the investor section. We expect to file our 10-Q after market close today. Before we begin, I would like to draw your attention to the legal disclaimers at the end of our earnings presentation. Today's call may include forward-looking statements which involve risks and uncertainties and are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements due to a variety of factors described under forward-looking statements in our earnings presentation and IPO prospectus filed on April 30th as updated by our most recently filed Form 10-Q. We do not undertake any obligation to update forward-looking statements. We may also reference non-GAAP financial measures in response to questions. Reconciliations are included in our earnings presentation, available on our website. Finally, please note that nothing on this call constitutes a prospectus, an offer to sell, or a solicitation of an offer to purchase our common stock or...