Meritage Homes Q4 2023 GAAP EPS $5.38 Beats $5.15 Estimate, Sales $1.64B Beat $1.53B Estimate
Portfolio Pulse from Benzinga Newsdesk
Meritage Homes Corporation reported Q4 2023 earnings with a GAAP EPS of $5.38, surpassing the estimated $5.15. Sales reached $1.64 billion, also beating the expected $1.53 billion.
January 31, 2024 | 9:32 pm
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Meritage Homes Corporation exceeded Q4 2023 earnings and sales estimates, with an EPS of $5.38 against an estimate of $5.15 and sales of $1.64B versus the $1.53B forecast.
Beating both earnings and sales estimates is a strong positive signal for investors, often leading to increased investor confidence and a potential rise in stock price in the short term.
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