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DR Horton Management Discusses Q3 2012 Results - Earnings Call Transcript

Stock quotes in this article: DHI 

DR Horton (DHI)

Q3 2012 Earnings Call

July 27, 2012 10:00 am ET

Executives

Donald J. Tomnitz - Vice Chairman, Chief Executive Officer, President and Member of Executive Committee

Stacey H. Dwyer - Executive Vice President, Treasurer and In Charge of Investor Relations

Bill W. Wheat - Chief Financial Officer, Principal Accounting Officer and Executive Vice President

Mike Murray

Analysts

Daniel Oppenheim - Crédit Suisse AG, Research Division

Michael Rehaut - JP Morgan Chase & Co, Research Division

David Goldberg - UBS Investment Bank, Research Division

Stephen Kim - Barclays Capital, Research Division

Kenneth R. Zener - KeyBanc Capital Markets Inc., Research Division

Will Randow - Citigroup Inc, Research Division

Adam Rudiger - Wells Fargo Securities, LLC, Research Division

Joshua Pollard - Goldman Sachs Group Inc., Research Division

Jade J. Rahmani - Keefe, Bruyette, & Woods, Inc., Research Division

Nishu Sood - Deutsche Bank AG, Research Division

Alex Barrón - Housing Research Center, LLC

Stephen F. East - ISI Group Inc., Research Division

Joel Locker - FBN Securities, Inc., Research Division

Michael Rybak

Michael R. Widner - Stifel, Nicolaus & Co., Inc., Research Division

Presentation

Operator

Good morning, and welcome to D.R. Horton, America's Builder, the largest builder in the United States, Third Quarter 2012 Earnings Release Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mr. Donald Tomnitz, President and CEO. Thank you, you may begin.

Donald J. Tomnitz

Thank you, and good morning. Joining me this morning are Bill Wheat, Executive Vice President and CFO; Stacey Dwyer, Executive Vice President and Treasurer; and Mike Murray, Vice President and Controller. Before we get started, Stacey?

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