Benzinga | Jul 28, 2021 04:18PM EDT

Meritage Homes Q2 EPS $4.36 Beats $3.43 Estimate, Sales $1.26B Beat $1.17B Estimate

Meritage Homes (NYSE:MTH) reported quarterly earnings of $4.36 per share which beat the analyst consensus estimate of $3.43 by 27.11 percent. This is a 83.19 percent increase over earnings of $2.38 per share from the same period last year. The company reported quarterly sales of $1.26 billion which beat the analyst consensus estimate of $1.17 billion by 8.03 percent. This is a 22.36 percent increase over sales of $1.03 billion the same period last year.