Meritage Homes Corporation (MTH) Q1 2009 Earnings Results

Meritage Homes Misses on EPS, Stock Down 0.8%

Meritage Homes reported a loss per share of $0.60, which was better than expected, leading to a positive surprise. However, the stock reacted negatively, declining by 0.8%. This may reflect investor concerns about the broader housing market and the lack of revenue data or future guidance.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$-0.60	N/A	+49.15%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Defensive

Management expressed concerns about the current market conditions but highlighted efforts to improve efficiency. They did not provide specific guidance for future quarters.

Management acknowledged ongoing challenges in the housing market.

They emphasized a focus on cost management and operational efficiency.

Meritage Homes Misses on EPS, Stock Down 0.8%

Key numbers

Management commentary

Meritage Homes Corporation

More earnings this week

Meritage Homes Misses on EPS, Stock Down 0.8%

Key numbers

Management commentary