To further its commitment to its employees, Meritage recently launched the Meritage Cares Assistance Fund. The program is an employer-sponsored relief fund providing tax-advantaged financial assistance to eligible employees for financial hardship due to military deployment, serious illness or injury, or damage of a primary residence from a natural disaster, among others. The Company is currently working to aid employees impacted by Hurricane Beryl. Meritage also established three employee resource groups in ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Meritage Homes Corporation (Exact Name of Registrant as Specified in its Charter) Maryland 86-0611231 (State or Other Jurisdiction of Incorporation or Organization) (IRS Employer Identification No.) 18655 North Claret Drive, Suite 400, Scottsdale, Arizona 85255 (Address of Principal Executive Offices) (Zip Code) (480) 515-8100 (Registrant's telephone number, including area code) N/A (Former Name, Former Address and Former Fiscal Year, if Changed Sinc ...

Meritage Homes Corporation (NYSE:MTH) Q2 2024 Earnings Conference Call July 25, 2024 11:00 AM ET Company Participants Emily Tadano – Vice President-Investor Relations Steve Hilton – Executive Chairman Phillippe Lord – Chief Executive Officer Hilla Sferruzza – Executive Vice President and Chief Financial Officer Conference Call Participants Alan Ratner – Zelman & Associates Michael Rehaut – JPMorgan Stephen Kim – Evercore ISI John Lovallo – UBS Carl Reichardt – BTIG Susan Maklari – Goldman Sachs Alex Barron ...

SECOND QUARTER 2024 ANALYST CONFERENCE CALL 2 Steven J. Hilton – Executive Chairman Phillippe Lord – Chief Executive Officer Hilla Sferruzza – EVP & Chief Financial Officer Emily Tadano – VP of Investor Relations and ESG HOMES® LIFE. BUILT. BETTER: JULY 25, 2024 Safe Harbor Such statements are based on the current beliefs and expectations of Company management and current market conditions, which are subject to significant uncertainties and fluctuations. Actual results may differ from those set forth in the ...

View all Key Company Metrics for Meritage here>>> For the quarter ended June 2024, Meritage Homes (MTH) reported revenue of $1.69 billion, up 8.1% over the same period last year. EPS came in at $6.31, compared to $5.02 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.58 billion, representing a surprise of +7.53%. The company delivered an EPS surprise of +22.05%, with the consensus EPS estimate being $5.17. While investors scrutinize revenue and earnings changes ye ...

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. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Meritage shares have added about 13.5% since the beginning of the year versus the S&P 500's gain of 16.5%. There are no easy answers to this key question, but one reliable measure t ...

Exhibit 99.1 Contacts: Emily Tadano, VP Investor Relations and ESG (480) 515-8979 (office) investors@meritagehomes.com Meritage Homes reports second quarter 2024 results 18% increase in home closings year-over-year, home closing gross margin of 25.9% and a 26% increase in diluted EPS SCOTTSDALE, Ariz., July 24, 2024 - Meritage Homes Corporation (NYSE: MTH), the fifth-largest U.S. homebuilder, reported second quarter results for the period ended June 30, 2024. | (Dollars in thousands, except per share amount ...

Meritage Homes' earnings beat the consensus mark in 22 of the trailing 23 quarters. The Zacks Consensus Estimate for second-quarter 2024 earnings per share (EPS) increased to $5.17 from $5.06 in the past 30 days. The said figure indicates a 3% increase from the year-ago level of $5.02 per share. Factors to Note The company expects home closing to be in the range of 3,600-3,800 units in the to-be-reported quarter, up from 3,490 units reported a year ago. Also, home closing revenues are anticipated to be in t ...

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For the most recent quarter, Meritage was expected to post earnings of $3.54 per share, but it reported $5.06 per share instead, representing a surprise of 42.94%. For the previous quarter, the consensus estimate was $5.18 per share, while it actually produced $5.38 per share, a surprise of 3.86%. Meritage has an Earnings ESP of +0.64% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Ho ...