secwatch.observer — SEC 8-K summary
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Issuer:     Meritage Homes CORP (MTH)
CIK:        0000833079
Form:       8-K
Filed at:   2022-01-26T23:59:59+00:00
Accession:  0000833079-22-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Meritage Homes Q4 diluted EPS $6.25, up 57% YoY; guides FY2022 EPS $23.15-$24.65
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- Q4 diluted EPS $6.25 vs $3.97 YoY; net earnings $237.5M; home closing revenue $1.5B (+6% YoY).
- Home closing gross margin improved 500 bps to 29.0% in Q4; full year 2021 margin 27.8% vs 22.0%.
- Year-end community count 259 (+33% YoY); backlog 5,679 homes valued at $2.5B (+39% YoY).
- FY2022 guidance: 14,500-15,500 closings, home closing revenue $6.1-$6.5B, diluted EPS $23.15-$24.65.
- Net debt-to-capital 15.1%; $618M cash; repurchased $61M of shares in FY2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/833079/000083307922000006/0000833079-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/833079/000083307922000006/mth-20220126.htm
  HTML page:      https://secwatch.observer/filing/0000833079-22-000006

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