Earning Analysis
Welcome to our in-depth analysis of Meritage Homes Corp(MTH) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Meritage Homes Corp earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
| FY2025Q3 | 2025-10-28 | After Hours | 1.71 | 1.39 | -18.71 | 1.47B | 1.42B | -3.97 | -5.57 | -7.42 |
| FY2025Q2 | 2025-07-23 | After Hours | 1.99 | 2.04 | +2.51 | 1.58B | 1.62B | +3.04 | -4.99 | -7.10 |
| FY2025Q1 | 2025-04-23 | After Hours | 1.71 | 1.69 | -1.17 | 1.33B | 1.36B | +1.96 | +1.04 | -1.83 |
| FY2024Q4 | 2025-01-29 | After Hours | 2.21 | 4.72 | +113.57 | 1.57B | 1.61B | +2.50 | +2.79 | -2.09 |
| FY2024Q3 | 2024-10-29 | After Hours | 5.05 | 5.34 | +5.74 | 1.59B | 1.59B | -0.37 | -1.66 | +5.68 |
| FY2024Q2 | 2024-07-24 | - | 5.17 | 6.31 | +22.05 | 1.56B | 1.69B | +8.61 | -3.10 | +2.85 |
| FY2024Q1 | 2024-04-24 | - | 3.54 | 5.06 | +42.94 | 1.28B | 1.47B | +14.97 | -2.21 | +4.77 |
| FY2023Q4 | 2024-01-31 | - | 5.18 | 5.38 | +3.86 | 1.51B | 1.65B | +9.31 | -1.63 | -9.34 |
| FY2023Q3 | 2023-10-31 | - | 5.10 | 5.98 | +17.25 | 1.56B | 1.61B | +3.11 | +1.81 | +17.13 |
| FY2023Q2 | 2023-07-27 | - | 3.49 | 5.02 | +43.84 | 1.32B | 1.57B | +18.57 | -1.62 | +5.21 |
MTH Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Meritage Homes Corp reported performance for FY2025Q3, announced on 2025-10-28. The company achieved an EPS of 1.39, compared to analyst estimates of 1.71 by -18.71% . Revenue for the quarter reached 1.42B compared to expectations of 1.47B by -3.97% .
The stock price reacted with a -5.57% one-day change and a -7.42% five-day change following the earnings release. These movements reflect market reaction in Meritage Homes Corp growth trajectory and strategic initiatives.
MTH Earnings Forecast
Looking ahead, Meritage Homes Corp(MTH) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q4 project quarter revenue of 1.51B and an EPS of 1.57.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Downward by -3.04%, while EPS estimates have been Revise Downward by -7.71%. For the upcoming Q4 2025, revenue estimates have been adjusted Revise Downward by -7.6% . These revisions correlate with a -12.44% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Meritage Homes Corp long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between MTH's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Downward
-3.04%
In Past 3 Month
EPS Estimates for FY2025
Revise Downward
-7.71%
In Past 3 Month
Revenue Estimates for Q4 2025
Revise Downward
-7.6%
In Past 3 Month
Stock Price
Go Down
-12.44%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
1Y
3Y
5Y
--
Revenue Estimate-Annual FY 2025:5.92B
--
EPS Estimate-Annual FY 2025:6.74
—
Stock Price72.53
MTH Revenue and EPS Performance: A Historical Perspective
Meritage Homes Corp revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q3 (2025-10-28,After Hours):
EPS: 1.39 (Actual) vs.1.71 (Estimate) (-18.71%)
Revenue: 1.42B (Actual) vs. 1.47B (Estimate) (-3.97%)
Price Reaction: -5.57%(1-Day), -7.42%(5-Day)
FY2025Q2 (2025-07-23,After Hours):
EPS: 2.04 (Actual) vs.1.99 (Estimate) (2.51%)
Revenue: 1.62B (Actual) vs. 1.58B (Estimate) (3.04%)
Price Reaction: -4.99%(1-Day), -7.10%(5-Day)
FY2025Q1 (2025-04-23,After Hours):
EPS: 1.69 (Actual) vs.1.71 (Estimate) (-1.17%)
Revenue: 1.36B (Actual) vs. 1.33B (Estimate) (1.96%)
Price Reaction: 1.04%(1-Day), -1.83%(5-Day)
Earnings Reaction
The chart below shows how MTH performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MTH sees a -1.12% change in stock price 10 days leading up to the earnings, and a +1.99% change 10 days following the report. On the earnings day itself, the stock moves by -1.27%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in SEP/2025, the stock changed -5.57% on the day following the earnings release and then changed by -3.04% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
Meritage Homes Corp (MTH) Q3 2025 Earnings Call Summary
Positive
2025-10-29
The earnings call summary reveals strong community count growth and strategic inventory management, with a focus on shareholder returns through increased buybacks and dividends. Although margins are slightly declining, management's optimistic guidance and strategic initiatives indicate a positive outlook. The Q&A section supports this with plans for cost optimization and market share gains. Despite some uncertainties, the overall sentiment is positive, suggesting a stock price increase of 2% to 8% in the coming weeks.
Meritage Homes Corp (MTH) Q2 2025 Earnings Call Summary
Neutral
2025-07-25
The earnings call presents a mixed picture. While there are positive indicators such as an increase in community count and lower cancellation rates, there are concerns about declining ASP and gross margins due to financing incentives. The Q&A section reveals management's cautious stance due to market uncertainties, with pulled full-year guidance and no specific Q4 margin guidance. The increase in stock buybacks is a positive factor, but the lack of clarity on future performance tempers enthusiasm. Overall, these factors suggest a neutral sentiment, with no strong catalysts for significant stock price movement.
Meritage Homes Corp (MTH) Q1 2025 Earnings Call Summary
Negative
2025-04-24
The earnings call reveals several concerns: a significant decrease in home closing revenue and EPS, declining gross margins, and increased SG&A as a percentage of revenue. Despite a 15% dividend increase and share buybacks, market uncertainties, tariff risks, and deteriorating consumer sentiment pose challenges. The Q&A section highlights management's uncertainty about pricing power and incentive levels, further contributing to a negative outlook. Overall, the financial performance and market conditions suggest a negative impact on the stock price in the short term.
Meritage Homes Corp (MTH) Q4 2024 Earnings Call Summary
Positive
2025-01-31
The earnings call reveals strong financial metrics, including a 6% increase in net earnings and a 5% increase in full-year home closing revenue. The company is optimistic about future growth, with plans for community expansion and improved cycle times. Shareholder returns are positive, with increased dividends and buybacks. Despite a slight dip in Q4 EPS, the overall sentiment is positive, supported by optimistic guidance and strategic initiatives. The Q&A session reinforced confidence in achieving targets, with management addressing concerns and highlighting strong market performance, particularly in Texas.
Meritage Homes Corporation (MTH) Q3 2024 Earnings Call Summary
Positive
2024-10-30
The earnings call summary presents mixed signals. Financial performance shows a decline in revenue and margins, yet optimistic guidance and strategic initiatives like increased share buybacks and dividends are positive. The Q&A reveals management's confidence in improving cycle times and backlog conversion, despite challenges like supply chain disruptions and acquisition risks. Given the increased dividend and strategic focus on growth, the stock price is likely to experience a positive movement, especially if the market views the guidance and strategic initiatives favorably.
Meritage Homes Corporation (MTH) Q2 2024 Earnings Call Summary
Positive
2024-07-25
The earnings call presents strong financial performance with significant year-over-year increases in revenue, EPS, and net earnings, alongside improved margins and leverage. Positive guidance, a robust backlog conversion rate, and a strategic move-in ready approach further enhance prospects. The Q&A reveals optimism and strategic clarity, with management addressing concerns like incentives and community growth effectively. The planned increase in share repurchases and a substantial dividend hike add to shareholder value. These factors, combined with an absence of market cap data, suggest a strong positive stock price movement.
People Also Watch
FAQ
What were the key highlights of MTH’s latest earnings report for FY2025Q3?
How did MTH’s stock price react after the FY2025Q3 earnings release?
What are the revenue and EPS estimates for MTH for 2025/Q4?
How does MTH’s stock price correlate with earnings forecast revisions?
What should investors expect from MTH’s next earnings report?