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Meritage Homes Corp (MTH.N)

MTH.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Meritage Homes reports Q3 eps $0.88
Thursday, 27 Oct 2016 07:30am EDT 

Meritage Homes Corp - : Meritage homes reports third quarter 2016 diluted eps of $0.88 on a 22% increase in net earnings, with 11% growth in home closing revenue and home orders . Q3 earnings per share $0.88 . Q3 earnings per share view $0.85 -- Thomson Reuters I/B/E/S . Sees fy 2016 earnings per share $3.40 to $3.60 . Sees fy 2016 revenue $2.9 billion to $3.1 billion . Expect 7,300-7,500 orders and 7,300-7,500 home closings for full year home closing revenue of $2.9-3.1 billion in 2016 . Total order value grew 14% to $715.6 million in q3 of 2016 . September 30th ending backlog value was 9% higher in 2016 than in 2015 . Says qtrly homes closed in q3 2016 is 1800 units versus 1712 units in q3 2015 . Says refined projections for 2016 full year orders, closings, revenue and diluted earnings per share . Says expect 7,300-7,500 orders and 7,300-7,500 home closings for full year home closing revenue of $2.9-3.1 billion in 2016 . Says expect to deliver full year diluted eps of $3.40-3.60 for 2016 . Says q3 home closing revenue $735.9 million versus $661.9 million in q3 2015 .Says q3 home orders 1737 units versus 1567 units in q3 2015.  Full Article

Meritage Homes reports Q2 earnings per share $0.95
Thursday, 28 Jul 2016 07:30am EDT 

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 04:30pm EDT 

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

Meritage Homes Corp announces Chief Financial Officer's retirement and successor
Thursday, 7 Jan 2016 09:00am EST 

Meritage Homes Corp:Says CFO Larry W. Seay to retire.Says Seay will be succeeded by Hilla Sferruzza.  Full Article

Meritage Homes Corp gives Q4 2015 guidance
Thursday, 29 Oct 2015 08:00am EDT 

Meritage Homes Corp:Anticipate Q4 2015 home closing revenue of about $750-800 million and diluted EPS of about $1.10-$1.35 for the quarter.  Full Article

Meritage Homes Corp lowers FY 2015 EPS guidance
Wednesday, 9 Sep 2015 05:25pm EDT 

Meritage Homes Corp:Revises FY 2015 guidance for earnings per diluted share to $3.30-3.75.Says it had previously projected FY 2015 earnings of $3.60-3.90 per diluted share.FY 2015 EPS of $3.64 - Thomson Reuters I/B/E/S.  Full Article

Meritage Homes Corp lowers FY 2015 EPS guidance
Wednesday, 29 Jul 2015 07:30am EDT 

Meritage Homes Corp:Estimates earnings per diluted share (EPS) of $3.60-3.90 for FY 2015, compared to previous full year guidance of $3.75-4.00.FY 2015 EPS of $3.75 - Thomson Reuters I/B/E/S.  Full Article

Meritage Homes Corp gives FY 2015 guidance; gives Q2 2015 EPS guidance - Conference Call
Thursday, 23 Apr 2015 10:30am EDT 

Meritage Homes Corp:Projects revenue growth of 25 pct to 30 pct for FY 2015 and earnings of about $3.75 to $4 per diluted share for FY 2015 with the benefit of better overhead leverage coming the back half of year.Expects Q2 2015 diluted earnings per share of about $0.64 to $0.68 per share.  Full Article

BRIEF-Meritage Homes reports Q3 eps $0.88

* Meritage homes reports third quarter 2016 diluted eps of $0.88 on a 22% increase in net earnings, with 11% growth in home closing revenue and home orders