earnings
confidence high
sentiment negative
materiality 0.80
Meritage Q3 EPS $1.39 (-48% YoY), revenue $1.4B (-12%), guides Q4 EPS $1.51-1.70
Meritage Homes CORP
2025-Q3 EPS reported
$5.13
- Net earnings fell 49% to $99M, diluted EPS $1.39 vs $2.67; adjusted EPS $1.55.
- Home closing revenue $1.399B, down 12% YoY; home closing margin 19.1% (down 570 bps).
- Orders rose 4% to 3,636 units; community count up 20% to 334, a record high.
- Q4 guidance: home closing volume 3,800-4,000, revenue $1.46-1.54B, EPS $1.51-1.70.
- Returned $85M to shareholders via dividends and buybacks; $664M remaining in repurchase authorization.