Benzinga | Oct 27, 2021 06:13PM EDT

Recap: Meritage Homes Q3 Earnings

Meritage Homes (NYSE:MTH) reported its Q3 earnings results on Wednesday, October 27, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Meritage Homes beat their estimated earnings by 14.88%, reporting an EPS of $5.25 versus an estimate of $4.57, which surprised analysts.

Revenue was up $122,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.3, which was followed by a 11.71% increase in the share price the next day.

Here's a look at Meritage Homes's past performance:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 3.43 2.46 3.36 2.41EPS Actual 4.73 3.44 3.97 2.84Revenue Estimate 1.17B 1.05B 1.31B 1.11BRevenue Actual 1.28B 1.08B 1.41B 1.14B

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