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LGI Homes, Inc. (LGIH) CEO Eric Lipar on Q1 2020 Results - Earnings Call Transcript

May 05, 2020 4:48 PM ETLGI Homes, Inc. (LGIH)
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LGI Homes, Inc. (NASDAQ:LGIH) Q1 2020 Earnings Conference Call May 5, 2020 12:30 PM ET

Company Participants

Rachel Eaton - Chief Marketing Officer

Eric Lipar - Chief Executive Officer

Charles Merdian - Chief Financial Officer

Conference Call Participants

Elad Hillman - JPMorgan

Paul Przybylski - Wells Fargo

Carl Reichardt - BTIG

Alex Barrón - Housing Research Center

Barry Haimes - Sage Asset Management


Welcome to the LGI Homes First Quarter 2020 Conference Call. Today's call is being recorded and a replay will be available on the company's website later today at www.lgihomes.com. We have allocated an hour for prepared remarks and Q&A [Operator Instructions]

At this time I will turn the call over to Rachel Eaton, Chief Marketing Officer at LGI Homes. Ms. Eaton you may begin.

Rachel Eaton

Thank you. Welcome to the LGI Homes conference call discussing our results for the first quarter of 2020. Today's conference call will contain forward-looking statements that include among other things statements regarding LGI's business strategy, outlook, plans, and objectives.

All such statements reflect current expectations; however, they do involve assumptions, estimates, and other risks and uncertainties that could cause our expectations to prove to be incorrect. You should review our filings with the SEC including our risk factors and cautionary statement about forward-looking statements section for a discussion of the risks uncertainties and other factors that could cause our actual results to differ materially from those anticipated in these forward-looking statements.

These forward-looking statements are not guarantees of future performance. You should consider these forward-looking statements in light of the related risks and you should not place undue reliance on these forward-looking statements which speak only as of the date of this conference call.

Additionally, non-GAAP financial measures will be discussed on this conference call. The presentation of this information is not

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