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Meritage Homes Corp (MTH) Q1 2021 Earnings Call Transcript


Meritage Homes Corp (MTH) Q1 2021 Earnings Call Transcript
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Meritage Homes Corp (NYSE: MTH)
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Operator
Hello, and welcome to the Meritage Homes First Quarter 2021 Analyst Call. [Operator Instructions] [Operator Instructions]
It s now my pleasure to turn the call over to Emily Tadano. Please go ahead.SPONSORED:
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Meritage: Q1 Earnings Snapshot


On a per-share basis, the Scottsdale, Arizona-based company said it had net income of $3.44.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.47 per share.
The homebuilder posted revenue of $1.08 billion in the period, also topping Street forecasts. Ten analysts surveyed by Zacks expected $1.05 billion.
Meritage shares have climbed 16% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $95.81, a climb of 98% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTH at https://www.zacks.com/ap/MTH ....

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