MTH
$35.10
Meritage

Earnings History

Earnings
Revenue
Reaction
Drift
EPS Above Estimates
FY 2013
4/24/2013
8:00:29 AM
$2.20 to $2.45
$1.95
8.1%
3.5%
Guidance:
Consensus:
Meritage Guides Above Estimates

Meritage Corp. said it expects 2013 earnings of $2.20 to $2.45 per share. The current consensus earnings estimate is $1.95 per share for the year ending December 31, 2013.
EPS Above Estimates
FY 2013
7/24/2013
7:00:29 AM
$2.65 to $2.85
$2.35
-4.2%
-5.5%
Guidance:
Consensus:
Meritage Raises Guidance

Meritage Corp. said it now expects 2013 earnings of $2.65 to $2.85 per share. The company's previous guidance was earnings of $2.20 to $2.45 per share and the current consensus earnings estimate is $2.35 per share for the year ending December 31, 2013.
EPS Above Estimates
FY 2013
10/23/2013
8:00:42 AM
$2.95 to $3.05
$2.81
4.4%
4.2%
Guidance:
Consensus:
Meritage Raises Guidance

Meritage Corp. said it expects 2013 earnings of $2.95 to $3.05 per share. The company's previous guidance was earnings of $2.65 to $2.85 per share and the current consensus earnings estimate is $2.81 per share for the year ending December 31, 2013.
EPS In-line/Revenue Above
Q 12/2014
10/29/2014
8:01:35 AM
$1.00 to $1.05
$1.01
$625.7 mill
-6.0%
-4.6%
Guidance:
Consensus:
Meritage Sees Revenue Above Estimates

Meritage Corp. said it expects fourth quarter earnings of $1.00 to $1.05 per share on revenue of $700.0 million to $725.0 million. The current consensus earnings estimate is $1.01 per share on revenue of $625.7 million for the quarter ending December 31, 2014.
Narrows Guidance
FY 2015
7/29/2015
7:30:00 AM
$3.60 to $3.90
$3.78
-0.7%
-6.1%
Guidance:
Consensus:
Meritage Narrows Guidance

Meritage Corp. said it expects 2015 earnings of $3.60 to $3.90 per share. The company's previous guidance was earnings of $3.75 to $4.00 per share and the current consensus earnings estimate is $3.78 per share for the year ending December 31, 2015.
EPS Below Estimates
Q 09/2015
9/9/2015
5:25:00 PM
$0.70 to $0.85
$0.98
-8.9%
1.2%
Guidance:
Consensus:
Meritage Lowers Guidance

Meritage Corp. said it expects third quarter earnings of $0.70 to $0.85 per share. The current consensus earnings estimate is $0.98 per share for the quarter ending September 30, 2015. The company said it expects 2015 earnings of $3.30 to $3.75 per share. The company's previous guidance was earnings of $3.60 to $3.90 per share and the current consensus earnings estimate is $3.68 per share for the year ending December 31, 2015.
EPS Below Estimates
Q 12/2015
10/29/2015
8:01:52 AM
$1.10 to $1.35
$1.57
-9.7%
-3.7%
Guidance:
Consensus:
Meritage Guides Below Estimates

Meritage Corp. said it expects fourth quarter earnings of $1.10 to $1.35 per share. The current consensus earnings estimate is $1.57 per share for the quarter ending December 31, 2015.
In-line Guidance
FY 2016
5/16/2016
4:30:30 PM
$3.55 to $3.85
$3.56
2.4%
4.1%
Guidance:
Consensus:
Meritage Guides In-line

Meritage Corp. said it expects second quarter earnings of $0.78 to $0.85 per share and 2016 earnings of $3.55 to $3.85 per share. The current consensus earnings estimate is $1.03 per share for the quarter ending June 30, 2016 and $3.56 per share for the year ending December 31, 2016.
Q3 Below/FY In-line
FY 2016
7/28/2016
7:30:23 AM
$3.55 to $3.85
$3.62
-7.4%
-11.2%
Guidance:
Consensus:
Meritage Reaffirms for the Year but Sees Third Quarter Below Estimates

Meritage Corp. said it continues to expect third quarter earnings of $0.80 to $0.85 per share and 2016 earnings of $3.55 to $3.85 per share. The current consensus earnings estimate is $1.02 per share for the quarter ending September 30, 2016 and $3.62 per share for the year ending December 31, 2016.
In-line Guidance
FY 2016
10/27/2016
7:32:33 AM
$3.40 to $3.60
$2.90 bil to $3.10 bil
$3.59
$3.05 bil
-7.4%
-7.4%
Guidance:
Consensus:
Meritage Lowers Guidance but Remains In-line with Estimates

Meritage Corp. said it expects 2016 earnings of $3.40 to $3.60 per share on revenue of $2.90 billion to $3.10 billion. The company's previous guidance was earnings of $3.55 to $3.85 per share and the current consensus earnings estimate is $3.59 per share on revenue of $3.05 billion for the year ending December 31, 2016.
Date
Grade
Actual
Earnings
Whisper
Consensus
Estimate
Surprise
Growth
Gap
Drift
1/31/2012
8:00:19 AM
Dec '11
Q4 '11
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B+
EPS
Rev
$0.06
$245.99 Mil
-
$0.07
$250.74 Mil
-14.3%
-1.9%
-
14.6%
-6.0%
8.0%
4/26/2012
8:30:10 AM
Mar '12
Q1 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A-
EPS
Rev
($0.14)
$204.35 Mil
-
($0.05)
$205.58 Mil
-180.0%
-0.6%
-
15.1%
-1.7%
0.5%
7/26/2012
8:00:19 AM
Jun '12
Q2 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A+
EPS
Rev
$0.26
$282.10 Mil
-
$0.10
$280.23 Mil
160.0%
0.7%
810.6%
28.1%
4.9%
0.8%
10/25/2012
7:55:07 AM
Sep '12
Q3 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B+
EPS
Rev
$0.43
$342.64 Mil
-
$0.33
$339.69 Mil
30.3%
0.9%
-
57.5%
-0.4%
-3.3%
1/31/2013
7:00:07 AM
Dec '12
Q4 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B+
EPS
Rev
$0.63
$364.59 Mil
-
$0.42
$354.50 Mil
50.0%
2.8%
1,097.6%
48.2%
2.7%
-7.0%
4/24/2013
8:00:29 AM
Mar '13
Q1 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A-
EPS
Rev
$0.33
$337.28 Mil
-
$0.25
$324.38 Mil
32.0%
4.0%
-
65.0%
3.9%
3.5%
7/24/2013
7:00:29 AM
Jun '13
Q2 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A-
EPS
Rev
$0.74
$449.95 Mil
$0.53
$0.46
$414.34 Mil
39.6%
8.6%
226.7%
59.5%
1.9%
-5.5%
10/23/2013
8:00:42 AM
Sep '13
Q3 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A-
EPS
Rev
$0.99
$492.08 Mil
-
$0.81
$505.15 Mil
22.2%
-2.6%
146.3%
43.6%
1.8%
4.2%
2/5/2014
8:15:54 AM
Dec '13
Q4 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B+
EPS
Rev
$1.19
$536.19 Mil
$1.11
$1.02
$537.84 Mil
7.2%
-0.3%
91.7%
47.1%
-0.4%
-2.4%
4/23/2014
8:03:04 AM
Mar '14
Q1 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$0.62
$408.35 Mil
-
$0.64
$441.37 Mil
-3.1%
-7.5%
103.1%
21.1%
-1.9%
-8.4%
7/24/2014
8:01:52 AM
Jun '14
Q2 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B+
EPS
Rev
$0.85
$505.60 Mil
-
$0.81
$513.90 Mil
4.9%
-1.6%
24.6%
12.4%
-1.4%
-9.9%
10/29/2014
8:01:35 AM
Sep '14
Q3 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$0.79
$556.78 Mil
$0.92
$0.90
$581.36 Mil
-14.1%
-4.2%
-14.7%
13.1%
-1.3%
-4.6%
1/29/2015
8:00:47 AM
Dec '14
Q4 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A+
EPS
Rev
$1.19
$698.92 Mil
$1.06
$1.03
$710.56 Mil
12.3%
-1.6%
6.8%
30.3%
3.6%
11.2%
4/23/2015
8:11:34 AM
Mar '15
Q1 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.40
$518.71 Mil
$0.58
$0.55
$477.62 Mil
-31.0%
8.6%
-35.4%
27.0%
-7.7%
-1.9%
7/29/2015
7:30:00 AM
Jun '15
Q2 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B+
EPS
Rev
$0.70
$597.80 Mil
-
$0.67
$635.46 Mil
4.5%
-5.9%
-17.0%
18.2%
-1.7%
-6.1%
10/29/2015
8:01:52 AM
Sep '15
Q3 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A-
EPS
Rev
$0.73
$669.96 Mil
-
$0.79
$631.97 Mil
-7.6%
6.0%
-7.0%
20.3%
-6.3%
-3.7%
1/28/2016
8:31:01 AM
Dec '15
Q4 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A+
EPS
Rev
$1.26
$781.61 Mil
-
$1.16
$790.84 Mil
8.6%
-1.2%
7.5%
11.8%
6.5%
4.9%
4/28/2016
8:02:04 AM
Mar '16
Q1 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A+
EPS
Rev
$0.50
$600.27 Mil
$0.47
$0.45
$546.56 Mil
6.4%
9.8%
27.9%
15.7%
-1.2%
-13.1%
7/28/2016
7:30:23 AM
Jun '16
Q2 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B+
EPS
Rev
$0.95
$797.90 Mil
-
$0.80
$751.30 Mil
18.8%
6.2%
36.9%
33.5%
-1.4%
-11.2%
10/27/2016
7:32:33 AM
Sep '16
Q3 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A+
EPS
Rev
$0.88
$752.86 Mil
$0.88
$0.86
$750.24 Mil
-
0.3%
21.7%
12.4%
-2.4%
-7.4%
EPS
Rev
-
-
-
$1.21
$902.31 Mil
-
-
-4.0%
15.4%
EPS
Rev
-
-
-
$0.57
$635.82 Mil
-
-
14.0%
5.9%
2/2/2011
$23.27
$0.39
$941.7 Mil
-
-
-
1/31/2012
$24.20
($0.13)
$861.2 Mil
-133.3%
-8.5%
4.0%
1/31/2013
$44.24
$1.30
$1.19 Bil
-
38.6%
82.8%
2/5/2014
$45.29
$3.31
$1.82 Bil
154.6%
52.5%
2.4%
1/29/2015
$36.15
$3.46
$2.18 Bil
4.5%
19.7%
-20.2%
1/28/2016
$31.92
$3.09
$2.58 Bil
-10.7%
18.3%
-11.7%
1/28/2017
$35.10
$3.50
$3.05 Bil
13.3%
18.2%
10.0%
1/28/2018
$66.96
$4.03
$3.32 Bil
15.1%
8.9%
90.8%
1/28/2019
-
$4.73
-
17.4%
-
-

Price Projection

Current Value
$57
63%
Projected Price
$67
91%