|Alexandra Lumpkin||Deputy General Counsel|
|Stuart Miller||Executive Chairman|
|Rick Beckwitt||Co-CEO and Co-President|
|Jon Jaffe||Co-CEO and Co-President|
|David Collins||Controller and VP|
|Bruce Gross||CEO, Lennar Financial Services|
|Stephen Kim||Evercore ISI|
|Susan Maklari||Goldman Sachs|
|Truman Patterson||Wolf Research|
|Alan Ratner||Zelman and Associates|
|Welcome to Lennar’s Fourth Quarter Earnings Conference Call. At this time||all participants are in a listen-only mode. After the presentation - we will conduct a question-and-answer session. Today’s conference is being recorded. If you have any objections - you may disconnect at this time.|
|I will now turn the call over to Alexandra Lumpkin for the reading of the forward-looking statement.|
Thank you, and good morning. Today’s conference call may include forward-looking statements, including statements regarding Lennar’s business, financial condition, results of operations, cash flows, strategies, and prospects.
Forward-looking statements represent only Lennar’s estimates on the date of this conference call and are not intended to give any assurance as to actual future results. Because forward-looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties. Many factors could affect future results and may cause Lennar’s actual activities or results to differ materially from the activities and results anticipated in forward-looking statements.