Recap: Meritage Homes Q3 Earnings

Meritage Homes (NYSE:MTH) reported its Q3 earnings results on Wednesday, October 27, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Meritage Homes beat their estimated earnings by 14.88%, reporting an EPS of $5.25 versus an estimate of $4.57, which surprised analysts.

Revenue was up $122,000,000 from the same period last year.

Last quarter the company beat on EPS by $1.3, which was followed by a 11.71% increase in the share price the next day.

Here's a look at Meritage Homes's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	3.43	2.46	3.36	2.41
EPS Actual	4.73	3.44	3.97	2.84
Revenue Estimate	1.17B	1.05B	1.31B	1.11B
Revenue Actual	1.28B	1.08B	1.41B	1.14B

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.