Jessica Hansen | Vice President, Investor Relations |
David Auld | President and Chief Executive Officer |
Mike Murray | Executive Vice President and Chief Operating Officer |
Bill Wheat | Executive Vice President and Chief Financial Officer |
Carl Reichardt | BTIG |
John Lovallo | Bank of America Merrill Lynch |
Stephen Kim | Evercore |
Matthew Bouley | Barclays |
Eric Bosshard | Cleveland Research |
Alan Ratner | Zelman & Associates |
Michael Rehaut | JPMorgan |
Nishu Sood | UBS |
Anthony Pettinari | Citi |
Jack Micenko | Susquehanna |
Susan Maklari | Goldman Sachs |
Buck Horne | Raymond James |
Good morning. And welcome to the First Quarter 2021 Earnings Conference Call for D.R. Horton, America's Builder, the largest builder in the United States. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation.