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Meritage Homes (MTH) Misses Q3 EPS by 5c

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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

October 27, 2016 7:34 AM EDT

SCOTTSDALE, Ariz., Oct. 27, 2016 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, announced today third quarter results for the period ended September 30, 2016.

 Summary Operating Results (unaudited)(Dollars in thousands, except per share amounts)   Three Months Ended September 30, Nine Months Ended September... More