Meritage’s Investor Day Webcast Call Part 2
Quarter Ended Mar 31, 2024
Record orders volume of 3,991 homes for the first quarter increased 14% YoY primarily due to higher average absorption pace of 4.9 per month.
Home closing gross margin improved 340 bps to 25.8%
Diluted EPS went up 43% YoY from $3.54 to $5.06
For Fiscal Year Ending Dec 31, 2023
For complete information regarding our financials, see our periodic filings
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East Bay, Central Valley, Sacramento and Southern CA; Phoenix / Scottsdale and Tucson, AZ; Denver, CO; Salt Lake City, Utah; Dallas / Fort Worth, Austin, San Antonio and Houston, TX; Nashville, TN; Raleigh and Charlotte, NC; Greenville, Charleston and Myrtle Beach, SC; Atlanta, GA; Orlando, Tampa, Jacksonville and South Florida, FL
Meritage Homes Corporation
18655 North Claret Drive
Suite 400
Scottsdale, AZ 85255
T: (480) 515-8100
Emily Tadano
Vice President of Investor Relations and ESG
T: (480) 515-8979
Investors@MeritageHomes.com
Computershare
P.O. Box 43006
Providence, RI 02940-3006
T: (800) 851-9677
www.computershare.com