Meritage Homes Corporation (MTH) Tops Q3 EPS by 43c, Revenues Beat

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Meritage Homes reports record third quarter 2020 orders 71% higher than prior year; 56% increase in net earnings with 21% revenue growth and 21.5% gross margin

October 21, 2020 4:30 PM EDT

SCOTTSDALE, Ariz., Oct. 21, 2020 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, reported third quarter results for the period ended September 30, 2020.

Summary Operating Results (unaudited)(Dollars in thousands, except per share amounts)

  Three Months Ended September 30, Nine Months Ended September... More