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Market Impact: 0.42

Meritage Homes (MTH) Lags Q1 Earnings and Revenue Estimates

MTH
Corporate EarningsAnalyst EstimatesCompany FundamentalsHousing & Real Estate

Meritage Homes (MTH) reported quarterly EPS of $0.82, missing the Zacks Consensus Estimate of $1.01 by $0.19, or about 18.8%. Earnings also declined sharply from $1.69 per share a year ago, indicating deteriorating fundamentals. The miss is likely to pressure the stock, though the article provides no revenue or guidance details.

Analysis

Meritage Homes (MTH) reported quarterly EPS of $0.82, missing the Zacks Consensus Estimate of $1.01 by $0.19, or about 18.8%. Earnings also declined sharply from $1.69 per share a year ago, indicating deteriorating fundamentals. The miss is likely to pressure the stock, though the article provides no revenue or guidance details.

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Market Sentiment

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strongly negative

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-0.58

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MTH-0.78