 D.R. Horton, Inc. NYSE:DHI Q1 2023 Earnings Conference Call January 24, 2023 8:30 AM ET Company Participants Jessica Hansen - Vice President, Investor Relations David Auld - President Chief Executive Officer Mike Murray - Executive Vice President Co-Chief Operating Officer Paul Romanowski - Executive Vice President Co-Chief Operating Officer Bill Wheat - Executive Vice President Chief Financial Officer Conference Call Participants Carl Reichardt - BTIG Matthew Bouley - Barclays John Lovallo - UBS Stephen Kim - Evercore ISI Mike Rehaut - JPMorgan Truman Patterson - Wolfe Research Eric Bosshard - Cleveland Research Anthony Pettinari - Citi Buck Horne - Raymond James Alan Ratner - Zelman Associates Mike Dahl - RBC Capital Markets Jay McCanless - Wedbush Rafe Jadrosich - Bank of America Operator Good morning, and welcome to the First Quarter 2023 Earnings Conference Call for D.R. Horton, Americas Builder, the largest builder in the United States. 