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Meritage Homes has the highest Composite Rating of 22 companies in IBD's homebuilding industry group.
Although the revenue and EPS for Meritage (MTH) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Meritage Homes (MTH) came out with quarterly earnings of $6.31 per share, beating the Zacks Consensus Estimate of $5.17 per share. This compares to earnings of $5.02 per share a year ago.
Meritage Homes' (MTH) second-quarter 2024 performance is likely to have benefited from improved cycle times, land acquisition and solid spec strategy.
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Meritage (MTH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Meritage (MTH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Meritage Homes (MTH) benefits from its focus on entry-level housing and efficient spec home strategy amidst industry challenges.
The homebuilder was also recognized for its philanthropic efforts and commitment to sustainability The homebuilder was also recognized for its philanthropic efforts and commitment to sustainability
SCOTTSDALE, Ariz., June 13, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's second quarter 2024 results on Wednesday, July 24, 2024 after the market closes. Management will host a conference call to discuss the results at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) on Thursday, July 25, 2024.