Meritage Homes (NYSE:MTH) reported its Q4 earnings results on Wednesday, January 26, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Meritage Homes beat estimated earnings by 2.97%, reporting an EPS of $6.25 versus an estimate of $6.07, which did not surprise analysts.
Revenue was up $89.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.68, which was followed by a 3.55% increase in the share price the next day.
Here’s a look at Meritage Homes’s past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 4.57 | 3.43 | 2.46 | 3.36 |
| EPS Actual | 5.25 | 4.73 | 3.44 | 3.97 |
| Revenue Estimate | 1.20B | 1.17B | 1.05B | 1.31B |
| Revenue Actual | 1.26B | 1.28B | 1.08B | 1.41B |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
