Meritage Homes ( NYSE:MTH – Get Rating ) released its earnings results on Wednesday. The construction company reported $3.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.51 by $1.03, Briefing.com reports. Meritage Homes had a return on equity of 27.92% and a net margin of 15.79%. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same period last year, the business posted $5.79 earnings per share.

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