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.
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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strongly negative
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