Lennar Corporation (LEN) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:02.935 Welcome to Lennar's second quarter earnings conference call. 00:00:02.935 -- 00:00:05.660 At this time, all participants are in a listen-only mode. 00:00:05.660 -- 00:00:08.844 After the presentation, we will conduct a question and answer session. 00:00:08.844 -- 00:00:12.450 Today's conference is being recorded. If you have any objections, you may disconnect 00:00:12.450 -- 00:00:16.756 at this time. I will now turn the call over to David Collins for the reading of the forward-looking 00:00:16.756 -- 00:00:18.756 statement. 00:00:19.200 -- 00:00:23.867 Thank you, and good morning, everyone. Today's conference call may include forward-looking 00:00:23.867 -- 00:00:28.517 statements, including statements regarding Lennar's business, financial condition, results 00:00:28.517 -- 00:00:32.081 of operations, cash flows, strategies, and prospects. 00:00:32.081 -- 00:00:36.065 Forward-looking statements represent only Lennar's estimates on the date of this conference 00:00:36.065 -- 00:00:41.571 call and are not intended to give any assurance as to actual future results. 00:00:41.571 -- 00:00:45.455 Because forward-looking statements relate to matters that have not yet occurred, these 00:00:45.455 -- 00:00:48.798 statements are inherently subject to risks and uncertainties. 00:00:48.798 -- 00:00:53.403 Many factors could affect future results and may cause Lennar's actual activities or 00:00:53.403 -- 00:00:58.165 results to differ materially from the activities and results anticipated in forward-looking 00:00:58.165 -- 00:01:03.330 statements. These factors include those described in our earnings release and our SEC 00:01:03.330 -- 00:01:08.395 filings, including those under the caption, Risk Factors, contained in Lennar's annual 00:01:0...