Meritage Homes (NYSE:MTH) reported quarterly earnings of $2.04 per share which beat the analyst consensus estimate of $1.99 by 2.46 percent. This is a 35.24 percent decrease over earnings of $3.15 per share from the same period last year. The company reported quarterly sales of $1.62 billion which beat the analyst consensus estimate of $1.60 billion by 1.51 percent. This is a 4.13 percent decrease over sales of $1.69 billion the same period last year.