Meritage Homes reports record second quarter 2020 orders 32% higher than prior year; 78% increase in net earnings driven by 20% revenue growth and strong margin improvement

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Go back to Meritage Homes reports record second quarter 2020 orders 32% higher than prior year; 78% increase in net earnings driven by 20% revenue growth and strong margin improvement

Meritage Homes Corporation (MTH) Tops Q2 EPS by 95c, Guidance Beats

July 22, 2020 4:34 PM EDT

Meritage Homes Corporation (NYSE: MTH) reported Q2 EPS of $2.38, $0.95 better than the analyst estimate of $1.43. Revenue for the quarter came in at $1.03 million versus the consensus estimate of $888.61 million.

GUIDANCE:

Meritage Homes Corporation sees FY2020 EPS of $8.75-$9.25, versus the... More