Why Is Meritage (MTH) Up 6.6% Since Last Earnings Report?

A month has gone by since the last earnings report for Meritage Homes (MTH) . Shares have added about 6.6% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Meritage due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Meritage Homes Corporation reported third-quarter 2024 ...