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Toll Brothers' CEO Discusses F3Q12 Results - Earnings Call Transcript

Stock quotes in this article: TOL 

Toll Brothers Inc. (TOL)

F3Q12 Earnings Call

August 22, 2012 2:00 pm ET

Executives

Douglas C. Yearley, Jr. – Chief Executive Officer and Director

Martin P. Connor – Chief Financial Officer and Treasurer

Robert I. Toll – Executive Chairman

Kira Sterling – Chief Marketing Officer

Gregg Ziegler – Senior Vice President

Joe Sicree – Chief Accounting Officer

Donald Salmon – President of TBI Mortgage Company

Analysts

David Goldberg – UBS Securities LLC

Ivy L. Zelman – Zelman & Associates

Rob Hansen – Deutsche Bank Securities, Inc.

Stephen East – ISI Group

Joel T. Locker – FBN Securities, Inc.

Stephen S. Kim – Barclays Capital, Inc.

Adam Rudiger – Wells Fargo Securities LLC

Joshua Pollard – Goldman Sachs & Co.

Jade J. Rahmani – Keefe, Bruyette & Woods, Inc.

Michael Rehaut – JPMorgan

Dan Oppenheim – Credit Suisse

Kenneth Zener – KeyBanc Capital Markets Inc.

Jack Micenko – Susquehanna International Group, LLP.

Buck Horne – Raymond James & Associates

Alex Barrón – Housing Research Center LLC

Desi DiPierro – RBC Capital Markets

Timothy Jones – Moloney Securities Co., Inc.

Presentation

Operator

Good afternoon. My name is Jackie, and I will be your conference operator today. At this time, I’d like to welcome everyone to the Toll Brothers Third Quarter 2012 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. (Operator Instructions)

Thank you. Mr. Douglas Yearley, you may begin your conference sir.

Douglas C. Yearley, Jr.

Thank you, Jackie. Welcome and thank you for joining us. I’m Doug Yearley, CEO. With me today are Bob Toll, Executive Chairman; Marty Connor, Chief Financial Officer; Fred Cooper, Senior VP of Finance, International Development and Investor Relations; Joe Sicree, Chief Accounting Officer; Kira Sterling, Chief Marketing Officer; Don Salmon, President of TBI Mortgage Company; and Gregg Ziegler, Senior VP, Treasury.

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