Meritage Homes Corporation (MTH) Tops Q1 EPS by 151c; offers guidance

Meritage Homes Corporation (NYSE: MTH) reported Q1 EPS of $5.06, $1.51 better than the analyst estimate of $3.55. Revenue for the quarter came in at $1.47 billion versus the consensus estimate of $1.28 billion.

GUIDANCE:

Meritage Homes Corporation sees FY2024 EPS of $19.20-$20.70, versus the consensus of $17.69. Meritage Homes Corporation sees FY2024 Home closing revenue of $6-6.2 billion, versus the consensus of $6.094 billion.

For earnings history and earnings-related data on Meritage Homes Corporation (MTH) click here.

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