Meritage Homes Misses Estimates
Meritage Homes Corporation (NYSE:MTH) recorded a loss of $4.8 million or 15 cents per share in the first quarter of 2012 compared with a loss of $6.7 million or 21 cents per share in the same quarter of 2011. The reported loss per share was significantly wider than the Zacks Consensus Estimate of a loss [...]
Meritage Homes Corporation (NYSE:MTH) recorded a loss of $4.8 million or 15 cents per share in the first quarter of 2012 compared with a loss of $6.7 million or 21 cents per share in the same quarter of 2011. The reported loss per share was significantly wider than the Zacks Consensus Estimate of a loss of 5 cents per share.
Total closing revenue rose to $204.4 million on a total 759 homes closed in the quarter compared with $177.6 million on a total 678 homes closed in the first quarter of 2011. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards