Meritage Homes (NYSE:MTH) reported quarterly earnings of $4.72 per share which beat the analyst consensus estimate of $2.54 by 85.83 percent. This is a 75.46 percent increase over earnings of $2.69 per share from the same period last year. The company reported quarterly sales of $1.59 billion which beat the analyst consensus estimate of $1.58 billion by 1.10 percent. This is a 2.86 percent decrease over sales of $1.64 billion the same period last year.
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