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Meritage Homes MTH reported its Q3 earnings results on Wednesday, October 26, 2022 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Meritage Homes beat estimated earnings by 9.06%, reporting an EPS of $7.1 versus an estimate of $6.51.
Revenue was up $318.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.91 which was followed by a 0.36% drop in the share price the next day.
Here’s a look at Meritage Homes’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 5.86 | 4.69 | 6.07 | 4.57 |
| EPS Actual | 6.77 | 5.79 | 6.25 | 5.25 |
| Revenue Estimate | 1.37B | 1.25B | 1.51B | 1.20B |
| Revenue Actual | 1.41B | 1.29B | 1.50B | 1.26B |
To track all earnings releases for Meritage Homes visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.