FX.co ★ Meritage Homes Corp. Q4 Profit Retreats

Meritage Homes Corp. (MTH) has announced its fourth-quarter earnings, showing a decline compared to the same period in the previous year. The company reported earnings of $172.65 million, equivalent to $4.72 per share. This is a decrease from last year's $198.85 million, or $5.38 per share. Additionally, the company experienced a 2.4% drop in revenue, falling from $1.653 billion last year to $1.613 billion this year.

Key highlights from Meritage Homes Corp.'s earnings report (GAAP) include:

- Earnings: $172.65 million, a decrease from $198.85 million the previous year.

- Earnings Per Share (EPS): $4.72, compared to $5.38 last year.

- Revenue: $1.613 billion, down from $1.653 billion last year.