Meritage Homes Q3 Earnings Fall 32% as Revenue Declines 17%
Meritage Homes reported Q3 2026 net earnings of $67.8 million, down 32% year over year, and home-closing revenue of $1.16 billion, down 17%. Diluted EPS was $1.04, or $1.11 adjusted; home-closing gross margin was 17.4%.
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Meritage Homes reported third-quarter 2026 net earnings of $67.8 million, down 32% year over year, as home-closing revenue fell 17% to $1.16 billion. Diluted earnings per share were $1.04, or $1.11 on an adjusted basis. Home-closing gross margin was 17.4%.Financial HighlightsBusiness HighlightsOrig…