Meritage Homes misses Q3 revenue and EPS as orders and backlog miss estimates
Question
Meritage Homes misses Q3 revenue and EPS as orders and backlog miss estimates
Direct answer
Elevated mortgage borrowing rates reduce housing purchase orders, driving a 17.5% revenue drop and compressing homebuilder cash margins. — bearish pressure on MTH via order backlog contraction driving downward revision of fiscal-year operating cash flows.
- Original publisher
- Market Ontology
- Evidence through
- 2026-10-29
- Published
- 2026-10-29
- Revision
- 1 · 2026-10-29
Cite as: Market Ontology, “Meritage Homes misses Q3 revenue and EPS as orders and backlog miss estimates”, revision 1, evidence through 2026-10-29. https://marketontology.com/catalysts/2026-10-29/meritage-homes-misses-q3-revenue-and-eps-as-orders-and-backlog-miss-estimates-b5d327
| Asset | Direction | Timeframe | Channel | Score |
|---|---|---|---|---|
| MTH | ▼Bear | 1–5 days | order backlog contraction driving downward revision of fiscal-year operating cash flows | 81 |
Meritage Homes misses Q3 revenue and EPS as orders and backlog miss estimates
Elevated mortgage borrowing rates reduce housing purchase orders, driving a 17.5% revenue drop and compressing homebuilder cash margins. — bearish pressure on MTH via order backlog contraction driving downward revision of fiscal-year operating cash flows.
Meritage Homes missed revenue by 10.81% and EPS by $0.07 alongside declines in homes ordered and closed.
- SourceMeritage Homes missed revenue by 10.81% and EPS by $0.07 alongside declines in homes ordered and closed.
- TransmissionElevated mortgage borrowing rates reduce housing purchase orders, driving a 17.5% revenue drop and compressing homebuilder cash margins.
- SummaryMeritage Homes delivered a broad operational miss across sales, earnings, and unit orders. Revenue contracted 17.5% year-over-year to $1.17 billion as home closings slowed. Backlog declines indicate persistent demand drag from restrictive consumer financing conditions.
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What happened next
Price follow-up pending — no stored daily closes for these assets yet.
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Sources
- Meritage (MTH) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates · news · 2026-10-29
Related catalysts
- 2026-10-29Meritage Homes Q3 Revenue Falls 17.5% as Order Backlog and Closings DropDHI ITB MTH
- 2026-10-29Meritage Homes misses on revenue and EPS, with backlog metrics weakITB MTH XHB
- 2026-10-29Meritage Homes misses on revenue, EPS, and order metricsMTH
- 2026-10-29Meritage Homes Q3 Revenue Falls 17.5% as Order Backlog and Closings DropITB MTH
- 2026-10-29Meritage misses on revenue and EPS as home metrics weakenMTH
- 2026-10-29Meritage Homes misses on revenue, EPS, and order metricsMTH
- 2026-10-29Meritage Homes misses on revenue, EPS, and backlogMTH XHB
- 2026-10-29Meritage misses on revenue and EPS as home metrics weakenMTH
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