The top-10 homebuilder handily beat earnings estimates for second quarter earnings, but a big drop in gross margin and adjusted guidance sent the market selling. Here's a look at what investors need to know.
JMP Securities has cut the EPS estimates for 2016 and 2017 for Meritage Homes Corp (NYSE: MTH) while maintaining its Market Perform rating on the stock following its channel checks and corresponding model update.
Analyst Peter Martin has cut his...
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