For the quarter ended March 2025, Meritage Homes (MTH) reported revenue of $1.36 billion, down 7.6% over the same period last year. EPS came in at $1.69, compared to $2.53 in the year-ago quarter.

The reported revenue represents a surprise of +1.53% over the Zacks Consensus Estimate of $1.34 billion. With the consensus EPS estimate being $1.71, the EPS surprise was -1.17%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Meritage performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Order Backlog - Total: 2,004 versus 2,398 estimated by 10 analysts on average. Homes closed - Total: 3,416 versus 3,368 estimated by 10 analysts on average. Homes ordered - Total: 3,876 compared to the 4,222 average estimate based on 10 analysts. Order Backlog Value - Total: $812.36 million compared to the $975.98 million average estimate based on seven analysts. Active Communities - Ending - Total: 290 versus 300 estimated by seven analysts on average. Homes Ordered Value - Total: $1.56 billion compared to the $1.68 billion average estimate based on six analysts. Home Closed Value - Central Region: $412.54 million versus $382.08 million estimated by four analysts on average. Home Closed Value - West Region: $479.64 million versus $458.66 million estimated by four analysts on average. Revenue- Home closing: $1.34 billion versus $1.35 billion estimated by 10 analysts on average. Compared to the year-ago quarter, this number represents a -8.5% change. Revenue- Land closing: $15.42 million versus the 10-analyst average estimate of $4.27 million. The reported number represents a year-over-year change of +569%. Revenue- Total closing revenue (Homebuilding): $1.36 billion versus the 10-analyst average estimate of $1.35 billion. The reported number represents a year-over-year change of -7.6%. Revenue- Financial Services: $7.08 million versus the nine-analyst average estimate of $6.42 million. The reported number represents a year-over-year change of +11.5%.

View all Key Company Metrics for Meritage here>>>

Shares of Meritage have returned -6.5% over the past month versus the Zacks S&P 500 composite's -6.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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