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LGI Homes' (LGIH) CEO Eric Lipar on Q1 2021 Results - Earnings Call Transcript

May 04, 2021 6:50 PM ETLGI Homes, Inc. (LGIH) Stock
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LGI Homes, Inc. (NASDAQ:LGIH) Q1 2021 Earnings Conference Call May 4, 2021 12:30 PM ET

Company Participants

Josh Fattor – Investor Relations

Eric Lipar – Chief Executive Officer

Charles Merdian – Chief Financial Officer

Conference Call Participants

Aaron Hecht – JMP Securities

Bryan Adams – Evercore ISI

Carl Reichardt – BTIG

Ken Zener – KeyBanc

Truman Patterson – Wolfe Research

Deepa Raghavan – Wells Fargo

Elad Hillman – JPMorgan

Jay McCanless – Wedbush

Alex Barron – Housing Research Center


Welcome to LGI Homes First Quarter 2021 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 Josh Fattor, Vice President of Investor Relations at LGI Homes.

Josh Fattor

Thank you, Laura. Good afternoon, and welcome to the LGI Homes conference call to discuss our results for the first quarter of 2021. Today's call contains forward-looking statements regarding our business strategy, outlook, plans, objectives and guidance for 2021. These statements which speak only as of today's call and are based on management's expectations are not guarantees of future performance and are subject to risks and uncertainties. You should review our filings with the SEC, including our risk factors and cautionary statement about forward-looking statements 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.

LGI Homes assumes no obligation to publicly update or revise any forward-looking statements. Reconciliations of any non-GAAP financial measures discussed on today's call to the most comparable measures prepared in accordance with GAAP are included in the press release issued this morning and in our quarterly report on

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