Investing.com - Meritage (NYSE: MTH) reported first quarter EPS of $5.06, $1.51 better than the analyst estimate of $3.55. Revenue for the quarter came in at $1.47B versus the consensus estimate of $1.28B.
Guidance
Meritage sees FY 2024 EPS of $19.20-$20.70 versus the analyst consensus of $17.69.
Meritage sees FY 2024 revenue of $6.00B-$6.20B versus the analyst consensus of $6.09B.
Meritage's stock price closed at $154.69. It is down -6.49% in the last 3 months and up 23.72% in the last 12 months.
Meritage saw 3 positive EPS revisions and 4 negative EPS revisions in the last 90 days. See Meritage's stock price’s past reactions to earnings here.
According to InvestingPro, Meritage's Financial Health score is "great performance".
Check out Meritage's recent earnings performance, and Meritage's financials here.
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