Meritage Homes Corporation (MTH) Earnings Call Transcripts

Meritage Homes Corporation's Latest Earnings Call - June 11, 2026

In the pre-close earnings call for Motus Holdings Limited (MTH:ZA) held on June 11, 2026, management highlighted strong performance in the South African automotive market, with new vehicle sales expected to reach between 610,000 and 640,000 units. The company anticipates high-teens growth in attributable profit for the fiscal year, supported by improved trading performance and a 20% reduction in net financing costs. Revenue growth was driven by a diverse business model across geographies and revenue streams, although international operations faced challenges due to economic conditions in the UK and Australia.

Reported metrics

Guidance from management

Management expects high-teens growth in attributable profit for the fiscal year, with South African operations performing ahead of the prior year, while international operations may see marginally lower profits due to economic challenges.

What management said

Good morning, everyone, and thank you for joining us today on our pre-close call. I'm [ Claudia Perera ], a member of the Investor Relations team. Today, presenting we have Ockert Jacobus Van Rensburg, Motus' CEO; and Brenda Baijnath, Motus' CFO. The session is an opportunity to share insights to how the group has performed overall over the last reporting period as we head towards finalizing our year-end results. I ...

Perfect. Now we're going to move on to the questions that have been submitted via the webcast. The first question talks about Tata. And just some feedback in terms of Tata's gained some good traction since inception. In your opinion, how are we finding the balance between achieving the margins and gaining enough marketing?

What analysts pressed on

Analysts raised concerns about the sustainability of growth in the face of economic pressures in the UK and Australia. There were also questions regarding potential price wars in the aftermarket parts sector and the impact of new entrants on margins.

Main topics on the call

• Strong South African Vehicle Sales — Management reported that South African new vehicle sales are expected to reach between 610,000 and 640,000 units, a level not seen in over a decade. CEO Ockert Van Rensburg stated, "You have actually closed the affordabi...
• International Operations Challenges — The UK and Australian markets are currently underperforming due to high inflation and subdued business confidence. Van Rensburg noted, "The U.K. economy, particularly weak at the moment," indicating ongoing difficulties.
• Diverse Revenue Streams — Motus continues to benefit from a diversified business model, which includes new vehicle sales, pre-owned vehicles, and mobility solutions. Van Rensburg emphasized, "The benefit you see within our business is the fact th...
• Improved Profitability Guidance — Management expects high-teens growth in attributable profit for the fiscal year, driven by stronger trading performance and reduced financing costs. They stated, "We are actually going to have an improved overall operati...

Read the full Meritage Homes Corporation transcript (June 11, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 46 Meritage Homes Corporation earnings call transcripts on record, spanning January 30, 2020 to July 30, 2026. Based on this history, Meritage Homes Corporation reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MTH

Exchange

NYSE

Country

US

Sector

Consumer Discretionary

Industry

Household Durables

Calls on record

46

First call

January 30, 2020

Most recent

July 30, 2026

Reporting cadence

quarterly