Meritage Homes Corporation (NYSE:MTH) Q3 2022 Results Conference Call October 27, 2022 11:00 AM ET

Company Participants

Emily Tadano - VP, IR and ESG

Phillippe Lord - CEO

Hilla Sferruzza - EVP and CFO

Conference Call Participants

Stephen Kim - Evercore ISI

Truman Patterson - Wolfe Research

Alan Ratner - Zelman & Associates

Mike Rehaut - JPMorgan

Carl Reichardt - BTIG

John Lovallo - UBS

Dan Oppenheim - Credit Suisse

Operator

Greetings, and welcome to the Meritage Homes Third Quarter 2022 Analyst Call. [Operator Instructions]

Please note, this conference is being recorded. I will now turn the conference over to our host, Emily Tadano, Vice President of Investor Relations and ESG. Thank you. You may begin.

Emily Tadano

Thank you so much. Good morning, and welcome to our analyst call to discuss our third quarter 2022 results. We issued the earnings release yesterday after the market closed. You can find it along with the slides we’ll refer to during this call on our website at investors.meritagehomes.com or by selecting the Investor Relations link at the bottom of our home page.

Please refer to Slide 2, cautioning you that our statements during this call as well as in the earnings release and accompanying slides contain forward-looking statements. Those and any other projections represent the current opinions of management, which are subject to change at any time, and we assume no obligation to update them.

Any forward-looking statements are inherently uncertain. Our actual results may be materially different than our expectations due to a wide variety of risk factors, which we have identified and listed on this slide as well as in our earnings release and most recent filings with the Securities and Exchange Commission, specifically our 2021 annual report on Form 10-K and subsequent quarterly reports on Forms 10-Q, which contain a more detailed discussion of those risks.

We have also provided a reconciliation of certain non-GAAP financial measures referred to in our earnings release as compared to their closest related GAAP measures.

With us today to discuss our results are Phillippe Lord, CEO; and Hilla Sferruzza, Executive Vice President and CFO of Meritage Homes. Steve Hilton, our Executive Chairman, is under the weather today and unable to attend, but will be back on for next quarter’s earnings call.

We expect today’s call to last about an hour. A replay will be available on our website within approximately 2 hours after we conclude and will remain active through November 10.