Meritage Misses By A Penny
Meritage Homes Corporation (NYSE:MTH) recorded a broader loss of $11.8 million or 36 cents per share in the fourth quarter of 2011 compared with $895 thousand or 3 cents per share in the same quarter of 2010. Excluding asset impairments and loss on early extinguishment of debt, the company had a profit of $2.1 million [...]
Meritage Homes Corporation (NYSE:MTH) recorded a broader loss of $11.8 million or 36 cents per share in the fourth quarter of 2011 compared with $895 thousand or 3 cents per share in the same quarter of 2010.
Excluding asset impairments and loss on early extinguishment of debt, the company had a profit of $2.1 million or 6 cents per share during the quarter under review, missing the Zacks Consensus Estimate by a penny. This compared with a loss of $295 thousand or 1 cent per share in the fourth … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards