Jessica Hansen | Vice President, Investor Relations, D.R. Horton |
Dan Bartok | Chief Executive Officer |
Spencer Kaufman | Bank of America |
Truman Patterson | Wells Fargo |
Ryan Gilbert | BTIG |
Good afternoon and welcome to Forestar's Fourth Quarter 2019 Earnings Conference Call. At this time, all participants are in a listen-only mode. The question-and-answer session will follow the formal presentation. [Operator Instructions] Please note this conference is being recorded.
I will now turn the call over to Jessica Hansen, Vice President of Investor Relations for D.R.