Savvy Trades and Investments

[researcher59]

MTH +13.63 to 109.32, it was a great quarter and strong guidance. It's the leading gainer in today's hot homebuilding sector - I likewise have a small position in this one.

briefing -

Meritage beats by $0.90, beats on revs; guides FY21 EPS above consensus (95.69 -0.94) :

Reports Q2 (Jun) earnings of $4.36 per share, excluding non-recurring items, $0.90 better than the S&P Capital IQ Consensus of $3.46; revenues rose 23.7% year/year to $1.28 bln vs the $1.14 bln S&P Capital IQ Consensus.
Co issues upside guidance for FY21, sees EPS of $18.55-19.45, excluding non-recurring items, vs. $14.73 S&P Capital IQ Consensus.