Meritage Homes Corporation (MTH) Q3 2023 Earnings Call Transcript

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Q3: 2023-10-31 Earnings Summary

10-Q
EPS of $5.98 beats by $0.86 | Revenue of $1.61B (2.22% Y/Y) beats by $48.60M

Meritage Homes Corporation (NYSE:MTH) Q3 2023 Earnings Conference Call November 1, 2023 11:00 AM ET

Company Participants

Emily Tadano - Vice President, Investor Relations and ESG
Steve Hilton - Executive Chairman
Phillippe Lord - Chief Executive Officer
Hilla Sferruzza - Executive Vice President & Chief Financial Officer

Conference Call Participants

Truman Patterson - Wolfe Research
Stephen Kim - Evercore ISI
Mike Rehaut - JPMorgan
John Lovallo - UBS
Alan Ratner - Zelman & Associates
Carl Reichardt - BTIG
Susan Maklari - Goldman Sachs
Joe Ahlersmeyer - Deutsche Bank
Jay McCanless - Wedbush Securities
Alex Barron - Housing Research Center
Jade Rahmani - KBW
Ken Zener - Seaport Research Partners

Operator

Greetings, and welcome to the Meritage Homes' Third Quarter 2023 Analyst Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Emily Tadano, Vice President of Investor Relations and ESG. Thank you. You may begin.

Emily Tadano

Thank you, operator. Good morning and welcome to our analyst call to discuss our third quarter 2023 results. We issued the press release yesterday after the market closed. You can find it along with the slides we will refer to during this call on our website at investors.meritagehomes.com or by selecting the Investor Relations link at the bottom of our homepage.

Please refer to Slide 2, cautioning you that our statements during this call as well as in the earnings release and accompanying slides contain forward-looking statements. Those and any other projections represent the current opinions of management, which are subject to change at any time, and we assume no obligation to update them.

Any forward-looking statements are inherently uncertain. Our actual results may be

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