Meritage homes reports first quarter 2020 eps of $1.83

Meritage homes reports first quarter 2020 diluted eps of $1.83.q1 earnings per share $1.83.q1 earnings per share estimate $1.33 -- refinitiv ibes data.qtrly homes closed 2,316 units versus 1,765 units.qtrly home orders 3,102 units versus 2,530 units.qtrly total closing revenue $901 million versus $708.1 million.meritage homes - ended q1 with nearly $800 million in cash and over a billion dollars of total liquidity, and a low net debt-to-capital ratio of under 27%.meritage homes - due to lack of visibility at this time, withdrawing previous guidance & will plan to provide future guidance at more appropriate time.
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