United Kingdom

Meritage Homes Corp (MTH.N)

MTH.N on New York Stock Exchange

16 Mar 2018
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$0.65 (+1.46%)
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Latest Key Developments (Source: Significant Developments)

Meritage Homes Q3 earnings per share $1.02
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Meritage Homes Corp :Meritage homes reports third quarter 2017 diluted EPS of $1.02, with an 18 pct increase in pretax earnings driven by higher revenue and home closing margins.Q3 earnings per share $1.02.Q3 earnings per share view $0.92 -- Thomson Reuters I/B/E/S.Meritage Homes Corp - ‍maintaining expectations for approximately $235-245 million in pre-tax earnings with full year 2017 gross margin in line with 2016​.Meritage Homes Corp - ‍expect to deliver approximately 7,600-7,800 homes and closing revenue of $3.15-$3.25 billion for year​.Meritage Homes Corp qtrly homes closed 1,969 units versus 1,800 units‍​.Meritage Homes Corp - ‍total orders for Q3 increased 8 pct year-over-year due to strong demand in texas and improved sales execution in east region​.Meritage Homes Corp qtrly home closing revenue $805 million versus $735.9 million.Meritage Homes Corp qtrly home orders 1,874 units versus 1,737 units.Meritage Homes Corp - ‍modestly reducing 2017 closings and revenue guidance while maintaining 2017 earnings expectations​.  Full Article

Meritage Homes reports Q2 earnings per share $0.95
Thursday, 28 Jul 2016 

Meritage Homes Corp : Qtrly homes closed 1,950 units versus 1,556 units . Qtrly home orders 2,073 units versus 1,986 units . Says Q2 orders for new homes increased 4% over prior year . Reiterating our projections for 2016 full year orders, closings, revenue and diluted earnings per share . Reports a 35% increase in home closing revenue and a 37% increase in net earnings, resulting in diluted eps of $0.95 for the second quarter 2016 . Q2 earnings per share $0.95 . Sees FY 2016 earnings per share $3.55 to $3.85 . Sees Q3 earnings per share $0.80 to $0.85 . Q2 earnings per share view $0.80 -- Thomson Reuters I/B/E/S . Meritage homes corp qtrly total closing revenue $797.9 million versus $597.8 million . Providing q3 projections, including approximately 1,600-1,800 orders . Expect home closing gross margins of approximately 17.5-18.0% for q3 and for year .Expect to deliver diluted eps of $0.80-0.85 for q3 and $3.55-3.85 for year.  Full Article

Meritage Homes sees FY earnings of $3.55 to $3.85 per share
Monday, 16 May 2016 

Meritage Homes Corp : Orders of approximately 7,350-7,550 for year 2016 . Fy2016 earnings per share view $3.51, revenue view $2.97 billion -- Thomson Reuters I/B/E/S . Meritage homes provides operational and financial guidance update . Sees fy earnings per share $3.55 to $3.85 .Sees fy revenue about $2.9 billion to $3.1 billion.  Full Article


Homebuilder shares look attractive as housing rebounds: Barron's

NEW YORK Shares of several homebuilders look attractive as the U.S. housing market could strengthen further, Barron's reported in its latest issue.