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Stock Market & Financial Investment News

News Breaks
July 24, 2014
08:11 EDTMTHMeritage Homes reports Q2 EPS 85c, consensus 81c
Reports Q2 revenue $505.6M, consensus $513.98M. Reports home closing revenue increased 15% in Q2 over the prior year, combining a 4% increase in home closings and a 12% increase in the average price of homes closed during the quarter, partially due to a greater proportion of larger homes in higher-priced communities.
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February 24, 2015
08:34 EDTMTHMeritage Homes reports 606 home orders in January
Meritage Homes is providing certain details regarding the companyís total home orders for the month of January. Orders for 606 homes in January were 48% greater than the 409 orders for January 2014, resulting from a 20% increase in average orders per community and a 24% increase in average actively selling communities. All three operating regions increased January home orders and average orders per community: West region orders increased 39% with a 31% increase in average orders per community; Central region orders increased 6% with a 22% increase in average orders per community, including a 15% increase in Houstonís average orders per community; East region orders increased 146%, primarily due to the addition of Atlanta and Greenville markets in August 2014, combined with increased orders per community for Florida, Tennessee and North Carolina.
February 20, 2015
15:23 EDTMTHMeritage Homes management to meet with JPMorgan
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