Meritage Homes (MTH) Beats Q2 Earnings and Revenue Estimates

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 ...