Meritage Homes Q2 diluted EPS $6.77 (+55% YoY); withdraws FY2022 guidance citing market uncertainty

Meritage Homes CORP

2022-Q2 EPS reported $12.55 revenue$2,699,315,000

Net earnings $250.1M vs $167.4M YoY; home closing revenue $1.41B (+11%).
Home closing gross margin expanded 430 bps to 31.6%; orders up 6% to 3,767 units.
Ending backlog of 7,241 units (+31%); ASP on closings up 13% to $437K.
Management withdraws FY2022 guidance due to mortgage-rate-driven demand slowdown.
Repurchased 1.17M shares for $109.3M in H1; net debt-to-capital 20.6%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.