Meritage homes reports q4 eps of $2.65

Meritage homes reports fourth quarter 2019 results including a 27% increase in orders, 80 bps increase in home closing gross margin and 39% increase in diluted eps.q4 earnings per share $2.65.q4 earnings per share estimate $1.93 -- refinitiv ibes data.qtrly total closing revenue $1.14 billion versus $1 billion.qtrly home closed 2,830 units versus 2,505 units.for full year 2020, projecting 9,700-10,200 total home closings and asp's between $360-370,000.qtrly home orders 2,093 units versus 1,653 units.
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