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Stock impact report

Meritage Homes (MTH) Q4 Earnings & Revenues Beat, Orders Up [Yahoo! Finance]

Meritage Homes Corporation (MTH) 
Last meritage homes corporation earnings: 4/28 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.meritagehomes.com
Company Research Source: Yahoo! Finance
Earnings and total revenues declined on a year-over-year basis. Also, total closing revenues fell due to reduced home prices and volume, along with increased financing incentives and higher lot costs. The stock lost 2.5% in the after-hours trading session on Jan 31. Earnings & Revenue Discussion Earnings of $5.38 per share topped the Zacks Consensus Estimate of $5.18 by 3.9% but declined 24% year over year from $7.09 reported a year ago. Meritage Homes Corporation Price, Consensus and EPS Surprise Meritage Homes Corporation price-consensus-eps-surprise-chart | Meritage Homes Corporation Quote Total revenues (including Homebuilding and Financial Services revenues) amounted to $1.66 billion compared with $1.99 billion reported in the year-ago period. Segment Discussion Homebuilding : Total closing revenues were $1.65 billion, down 17% from the prior-year quarter's level. The metric, however, beat the consensus mark of $1.52 billion by 8.6%. Under the Homebuilding umbr Show less Read more
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