- Meritage Homes press release (NYSE:MTH): Q4 GAAP EPS of $6.25 beats by $0.23.
- Revenue of $1.5B (+6.4% Y/Y) misses by $10M.
- Home closing gross margin improved 500 bps to 29.0% in the fourth quarter of 2021.
- Shares -0.5%.
- FY 2022 Guidance: Home closing revenue of $6.1-6.5 billion vs, consensus of $6.17 billion.
- Home closing gross margin is projected to be around 27.75%.
- GAAP EPS of $23.15-24.65 vs, consensus of $23.13
Meritage Homes GAAP EPS of $6.25 beats by $0.23, revenue of $1.5B misses by $10M
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| Symbol | Last Price | % Chg |
|---|---|---|
| MTH | - | - |
| Meritage Homes Corporation | ||