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0.000621494929832646 0.00127963460788652 0.000255047447620132 0.0129341303321774 -0.00194363744565579 0.00714426011321773 0.0103704637466178 0.0192370270262347
Stock impact report

Meritage Homes MTH Q1 2026 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

Meritage Homes Corporation (MTH) 
Last meritage homes corporation earnings: 4/28 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.meritagehomes.com
Chief Executive Officer — Phillippe Lord Executive Vice President & Chief Financial Officer — Hilla Sferruzza Takeaways Home deliveries -- 2,967 homes closed in the quarter, as disclosed by Steven J. Hilton. Home closing revenue -- $1.1 billion for the quarter, 17% lower than the prior year due to both fewer closings and a 5% lower average sales price (ASP). Net income per share (EPS) -- Diluted EPS of $0.82, a decrease of 51% year over year from $1.69. Gross margin on home closings -- 17.5% for the quarter, 400 basis points below the 21.5% to 22% range in the prior year, affected by higher incentives and lot costs partially offset by improved direct costs, lower compensation expense, and cycle times. Book value per share -- Increased 6% year over year as of March 31, 2026. Community count -- 345 active communities at quarter end, up 19% year over year and 3% sequentially. Home sales orders -- Orders were 5% lower year over year, driven by an 18% decline in average Show less Read more
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