Lennar
Q2 2023 Earnings Call
Jun 15, 2023, 11:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Thank you. Welcome to Lennar's second-quarter earnings conference call. At this time, all participants are in a listen-only mode. After the presentation, we will conduct a question-and-answer session.
Today's conference is being recorded. If you have any objections, you may disconnect at this time. I will now turn the call over to David Collins for reading the forward-looking statement.
David Collins -- Corporate Controller
Thank you and good morning, everyone. Today's conference call may include forward-looking statements including statements regarding Lennar's business, financial condition, results of operations, cash flows, strategies, and prospects. Forward-looking statements represent only Lennar's estimates on the date of this conference call and are not intended to give any insurance -- assurance as to actual future results. Because forward-looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties.
Many factors could affect future results and may cause Lennar's actual activities or results to differ materially from the activities and results anticipated in forward-looking statements. These factors include those described in our earnings release and our SEC filings, including those under the caption Risk Factors contained in Lennar's annual report on Form 10-K most recently filed with the SEC. Please note that Lennar assumes no obligation to update any forward-looking statements.
Questions & Answers:
Operator
I would now like to introduce your host, Mr. Stuart Miller, executive chairman. Sir, you may begin.
Stuart Miller -- Executive Chairman
Very good. Thank you and good morning, everyone. Sorry about the delay. We had a lot of people joining.
We wanted to make sure people had an opportunity to get in. I'm in Dallas today together with Jon Jaffe, our co-CEO and president. And we're joined remotely from Miami by Rick Beckwitt, our co-CEO and co-president; Diane Bessette, our chief financial officer; David Collins, our comptroller and vice president; and Bruce Gross, our CEO of Lennar Financial Services. As I said, they are all in Miami, so there will be a bit of coordination here.
As usual, I'm going to go ahead and give a macro and strategic overview of the company. After my introductory remarks, Rick's going to walk through our markets around the country, comment on our land position, then Jon's going to update supply chain, cycle time, and construction costs. And as usual, Diane will give a detailed financial highlight, along with some limited guidance for the third quarter to assist in forward thinking and some guidance for the year, and then we'll answer questions as many as we can. As usual, please limit yourself to one question and one follow-up so we can get as many in as possible.