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Meritage Homes: Q2 Earnings Insights

Meritage Homes (NYSE:MTH) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Meritage Homes beat estimated earnings by 15.53%, reporting an EPS of $6.77 versus an es...

Benzinga · 07/27/2022 18:02

Meritage Homes (NYSE:MTH) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:00 PM.

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

Earnings

Meritage Homes beat estimated earnings by 15.53%, reporting an EPS of $6.77 versus an estimate of $5.86.

Revenue was up $134.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.1 which was followed by a 6.44% increase in the share price the next day.

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

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 4.69 6.07 4.57 3.43
EPS Actual 5.79 6.25 5.25 4.73
Revenue Estimate 1.25B 1.51B 1.20B 1.17B
Revenue Actual 1.29B 1.50B 1.26B 1.28B

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.