Meritage Homes Corporation (MTH) Q2 2011 Earnings Results

Meritage Homes Corp Beats on EPS, Stock Up 5.1%

Meritage Homes Corp's earnings report shows a significant positive surprise in EPS, which likely contributed to the stock's 5.1% increase. The management's cautious optimism about sales trends and focus on efficiency may reassure investors. However, the lack of revenue data and guidance leaves some uncertainty about future performance.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.02	N/A	+154.05%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed optimism about the current sales trends, highlighting improvements in their backlog. They emphasized a commitment to cost management and operational efficiency.

We are encouraged by the positive trends in our sales and backlog.

Our focus remains on managing costs and improving operational efficiency.

Meritage Homes Corp Beats on EPS, Stock Up 5.1%

Key numbers

Management commentary

Meritage Homes Corporation

More earnings this week

Meritage Homes Corp Beats on EPS, Stock Up 5.1%

Key numbers

Management commentary