Forestar Group Inc. (FOR) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.379 Good morning, and welcome to 4STAR's third quarter 2025 earnings conference call. 00:00:05.379 -- 00:00:08.664 At this time, all participants are in listen-only mode. 00:00:08.664 -- 00:00:12.750 A question and answer session will follow the formal presentation. 00:00:12.750 -- 00:00:16.696 If anyone should require operator assistance during the conference, please press star 00:00:16.696 -- 00:00:21.904 zero on your telephone keypad. Please note, this conference is being recorded. 00:00:21.904 -- 00:00:27.172 I will now turn the call over to Chris Hibetz, Vice President of Finance 00:00:27.172 -- 00:00:30.085 and Investor Relations for 4STAR. 00:00:30.085 -- 00:00:34.692 Thank you, John. Good morning, and welcome to our call to discuss Four Star's third quarter 00:00:34.692 -- 00:00:39.439 results. Before we get started, I want to remind everyone that today's call includes 00:00:39.439 -- 00:00:43.645 forward-looking statements as defined by the Private Securities Litigation Reform Act 00:00:43.645 -- 00:00:45.167 of 1995. 00:00:45.167 -- 00:00:49.313 Although Four Star believes any such statements are based on reasonable assumptions, 00:00:49.313 -- 00:00:53.379 there is no assurance that actual outcomes will not be materially different. 00:00:53.379 -- 00:00:57.537 All forward-looking statements are based upon information available to Four Star on the 00:00:57.537 -- 00:01:02.063 date of this conference call, and we do not undertake any obligation to update or revise 00:01:02.063 -- 00:01:06.730 any forward-looking statements publicly. Additional information about factors that could 00:01:06.730 -- 00:01:11.356 lead to material changes in performance is contained in Four Star's annual report on 00:01:11.356 -- 00:01:16.383 Form 1...