Meritage Homes demonstrated operational resilience with increased community count and improved cycle times, yet faced significant challenges with decreased revenue and gross margins due to market conditions and incentives. The sentiment reflects a balanced view of positive operational achievements but significant financial challenges.

Company Guidance -

Q3 2025

During the Meritage Homes Second Quarter 2025 Analyst Call, the company provided forward-looking guidance for the third quarter of 2025, projecting home closings between 3,600 and 3,900 units, with home closing revenue ranging from $1.4 billion to $1.56 billion. The anticipated home closing gross margin is around 20%, with an effective tax rate of approximately 24.5%. The company's diluted EPS is expected to be between $1.51 and $1.86. Despite a challenging market with rising mortgage rates and increased consumer hesitancy, Meritage Homes remains optimistic about its strategy focused on move-in ready inventory and financing incentives. The company reported a 21.1% home closing gross margin in Q2 2025 and a 10% year-over-year increase in book value per share. Additionally, Meritage Homes highlighted its highest community count in company history, ending Q2 2025 with 312 active stores, and projected continued growth in community count for the second half of the year.

Record Community Count

Meritage Homes ended the second quarter of 2025 with 312 active stores, the highest community count in company history, which is up 9% year-over-year.

Improved Cycle Times

Construction time was reduced from approximately 120 days in Q1 2025 to about 110 days in Q2 2025.

Strong Balance Sheet

The company maintained a healthy balance sheet with cash of $930 million and a net debt to cap of 14.6%.

Shareholder Returns

Meritage Homes increased their quarterly cash dividend by 15% year-over-year and repurchased $45 million of shares in Q2 2025.

Meritage (MTH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MTH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	1.63 / -	2.67	―	―	―
Jul 23, 2025	2025 (Q2)	1.97 / 2.04	3.155	-35.34% (-1.11)
Apr 23, 2025	2025 (Q1)	1.69 / 1.69	2.53	-33.20% (-0.84)
Jan 29, 2025	2024 (Q4)	2.24 / 2.36	2.69	-12.27% (-0.33)
Oct 29, 2024	2024 (Q3)	2.49 / 2.67	2.99	-10.70% (-0.32)
Jul 24, 2024	2024 (Q2)	2.57 / 3.15	2.51	25.70% (+0.65)
Apr 24, 2024	2024 (Q1)	1.78 / 2.53	1.77	42.94% (+0.76)
Jan 31, 2024	2023 (Q4)	2.58 / 2.69	3.545	-24.12% (-0.85)
Oct 31, 2023	2023 (Q3)	2.56 / 2.99	3.55	-15.77% (-0.56)
Jul 27, 2023	2023 (Q2)	1.73 / 2.51	3.385	-25.85% (-0.88)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MTH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 23, 2025	$74.78	$71.05	-4.99%
Apr 23, 2025	$67.76	$68.46	+1.03%
Jan 29, 2025	$77.82	$79.99	+2.79%
Oct 29, 2024	$88.72	$87.25	-1.66%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Meritage (MTH) report earnings?

Meritage (MTH) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is Meritage (MTH) earnings time?

Meritage (MTH) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MTH EPS forecast?

MTH EPS forecast for the fiscal quarter 2025 (Q3) is 1.63.

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