secwatch.observer — SEC 8-K summary
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Issuer:     Meritage Homes CORP (MTH)
CIK:        0000833079
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0000833079-25-000009
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Meritage Homes Q4 net earnings fall 13% to $172.6M; full year record closings of 15,611 homes
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- Q4 diluted EPS $4.72 vs $5.38; net earnings $172.6M, down 13% YoY.
- Full year home closing revenue $6.34B (+5%) with record 15,611 closings (+12%).
- Q4 home closing gross margin 23.2% (down 200bps YoY) and orders up 14% to 3,304.
- FY 2025 guidance: home closings 16,250-16,750 units, revenue $6.6-6.9B.
- Acquired Elliott Homes (~5,500 lots); net debt-to-capital 11.7%; stock split Jan 2, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/833079/000083307925000009/0000833079-25-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/833079/000083307925000009/mth-20250129.htm
  HTML page:      https://secwatch.observer/filing/0000833079-25-000009

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