Reports Q4 revenue $1.98B, consensus $1.98B. "As a result of the Meritage team’s dedication and exceptional execution, we finished the year strong, delivering 29% more homes and 32% higher home closing revenue in the fourth quarter of 2022 compared to prior year. However, ongoing economic uncertainty continued to impact buyer psychology and undermine housing demand this quarter, generating a 46% decrease in fourth quarter orders," said Steven Hilton, executive chairman of Meritage Homes."
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on MTH:
- Meritage Homes closes out 2022 with record fourth quarter results including a 29% increase in home closings, a 32% increase in home closing revenue and $7.09 of diluted EPS
- Meritage Homes Fourth Quarter 2022 Earnings Conference Call and Webcast Scheduled for February 2, 2023
- Meritage Homes Gives More Than $2.5 Million in 2022 To Build Stronger Communities Nationwide
