Recap: Meritage Homes Q4 Earnings

Meritage Homes (NYSE:MTH) reported its Q4 earnings results on Wednesday, January 31, 2024 at 04:30 PM. Here’s what…

Meritage Homes (NYSE:MTH) reported its Q4 earnings results on Wednesday, January 31, 2024 at 04:30 PM.

Here’s what investors need to know about the announcement.

Earnings

Meritage Homes beat estimated earnings by 4.06%, reporting an EPS of $5.38 versus an estimate of $5.17.

Revenue was down $342.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.84 which was followed by a 7.04% increase in the share price the next day.

Here’s a look at Meritage Homes’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 5.14 3.49 2.64 7
EPS Actual 5.98 5.02 3.54 7.09
Revenue Estimate 1.57B 1.31B 1.04B 1.98B
Revenue Actual 1.61B 1.57B 1.28B 1.98B

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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