secwatch.observer — SEC 8-K summary
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Issuer:     Meritage Homes CORP (MTH)
CIK:        0000833079
Form:       8-K
Filed at:   2025-10-28T23:59:59+00:00
Accession:  0000833079-25-000135
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Meritage Q3 EPS $1.39 (-48% YoY), revenue $1.4B (-12%), guides Q4 EPS $1.51-1.70
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/833079/000083307925000135/0000833079-25-000135-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/833079/000083307925000135/mth-20251028.htm
  HTML page:      https://secwatch.observer/filing/0000833079-25-000135

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer