Meritage Homes Expects Q4 Home Closing Revenue Of $1.50B - $1.59B, EPS Of $4.10 - $4.60, Home Closing Volume Of 3,750 - 3,950 Units
Portfolio Pulse from Benzinga Newsdesk
Meritage Homes projects its Q4 home closing revenue to be between $1.50 billion and $1.59 billion, with an EPS range of $4.10 to $4.60 and a home closing volume of 3,750 to 3,950 units.
October 29, 2024 | 8:45 pm
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Meritage Homes has provided guidance for Q4, expecting revenue between $1.50B and $1.59B, EPS of $4.10 to $4.60, and home closings of 3,750 to 3,950 units.
The guidance provided by Meritage Homes indicates a strong performance expectation for Q4, with significant revenue and EPS projections. This positive outlook is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100