Meritage (MTH) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Meritage Homes reported Q3 2026 revenue of $1.17 billion, down 17.5% year-over-year and missing the consensus estimate of $1.31 billion by 10.81%. EPS of $1.11 also fell short of the $1.18 estimate. Key metrics including homes ordered, homes closed, and order backlog all came in below analyst expectations. The stock has a Zacks Rank #5 (Strong Sell) rating.