Benzinga | Oct 21, 2020 04:33PM EDT

Meritage Homes Q3 EPS $2.84 Beats $2.41 Estimate, Sales $1.13B Beat $1.11B Estimate

Meritage Homes (NYSE:MTH) reported quarterly earnings of $2.84 per share which beat the analyst consensus estimate of $2.41 by 17.84 percent. This is a 58.66 percent increase over earnings of $1.79 per share from the same period last year. The company reported quarterly sales of $1.13 billion which beat the analyst consensus estimate of $1.11 billion by 2.07 percent. This is a 20.42 percent increase over sales of $940.88 million the same period last year.