Meritage Homes (MTH) lowered its full year earning
Post# of 41433
Posted On: 09/11/2015 5:03:43 AM
Meritage Homes (MTH) lowered its full year earnings per share guidance ahead of an investor conference this week, citing delays in home closings, increased labor costs and the slower than anticipated realization of benefits from its newer divisions in the Southeast. The company’s third quarter earnings also trailed estimates.
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