Forward-Looking Statement Disclosure
Legal/Disclosures
Replay available
Lennar Corporation (NYSE: LEN) Q4 2025 earnings conference call, held 2025-12-17. Replay captured from the company's public earnings webcast.

Legal/Disclosures
Executive Chairman and Co-CEO
Co-CEO and President
Chief Financial Officer
Analyst, Zelman & Associates
Analyst, UBS
Analyst, Evercore ISI
Analyst, JPMorgan Chase
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WEBVTT 00:00:00.031 -- 00:00:02.694 Welcome to Lennar's fourth quarter earnings conference call. 00:00:02.694 -- 00:00:05.497 At this time, all participants are in a listen-only mode. 00:00:05.497 -- 00:00:09.900 After the presentation, we will conduct a question and answer session. 00:00:15.669 -- 00:00:18.350 The forward-looking statement. 00:00:18.713 -- 00:00:20.935 Thank you and good morning, everyone. 00:00:20.935 -- 00:00:24.419 Today's conference call may include forward-looking statements, including statements 00:00:24.419 -- 00:00:29.178 regarding Lennar's business, financial condition, results of operations, cash flows, 00:00:29.178 -- 00:00:33.886 strategies, and prospects. Forward-looking statements represent only Lennar's estimates 00:00:33.886 -- 00:00:38.353 on the date of this conference call and are not intended to give any assurance as to 00:00:38.353 -- 00:00:42.719 actual future results. Because forward-looking statements relate to matters that have 00:00:42.719 -- 00:00:47.567 not yet occurred, these statements are inherently subject to risks and uncertainties. 00:00:47.567 -- 00:00:52.094 Many factors could affect future results and may cause Lennar's actual activities or 00:00:52.094 -- 00:00:57.244 results to differ materially from the activities and results anticipated in forward-looking 00:00:57.244 -- 00:01:02.271 statements. These factors include those described in our earnings release and our SEC 00:01:02.271 -- 00:01:07.478 filings, including those under the caption, risk factors, contained in Lennar's annual 00:01:07.478 -- 00:01:11.724 report on Form 10-K, most recently filed with the SEC. 00:01:11.724 -- 00:01:16.991 Please note that Lennar assumes no obligation to update any forward-looking statements. 00:01:16.991 -- 00:01:18.853 I...