Jessica Hansen | Vice President of Investor Relations |
David Auld | President and Chief Executive Officer |
Paul Romanowski | Executive Vice President and Co-Chief Operating Officer |
Mike Murray | Executive Vice President and Co-Chief Operating Officer |
Bill Wheat | Executive Vice President and Chief Financial Officer |
Stephen Kim | Evercore ISI |
Joe Ahlersmeyer | Deutsche Bank |
John Lovallo | UBS |
Carl Reichardt | BTIG |
Mike Rehaut | JPMorgan |
Matthew Bouley | Barclays |
Eric Bosshard | Cleveland Research Company |
Ken Zener | Seaport Research Partners |
Mike Dahl | RBC Capital |
Alan Ratner | Zelman & Associates |
Truman Patterson | Wolfe Research |
Rafe Jadrosich | Bank of America |
Good morning, and welcome to the Third Quarter 2023 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 question-and-answer session will follow the formal presentation. [Operator Instructions]