Benzinga | Apr 28, 2021 05:07PM EDT

Meritage Homes Q1 EPS $3.44 Beats $2.46 Estimate, Home Closing Sales $1.08B Beat $1.05B Estimate

Meritage Homes (NYSE:MTH) reported quarterly earnings of $3.44 per share which beat the analyst consensus estimate of $2.46 by 39.84 percent. This is a 87.98 percent increase over earnings of $1.83 per share from the same period last year. The company reported quarterly sales of $1.08 billion which beat the analyst consensus estimate of $1.05 billion by 2.86 percent. This is a 19.87 percent increase over sales of $901.01 million the same period last year.