Meritage Homes Corporation (MTH) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

and welcome to the second quarter 2026 Meritage Homes Analyst Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. If you should need operator assistance, please press star zero. I would now like to turn the call over to Emily Tadano, Vice President of Investor Relations and External Communications. Please go ahead. Thank you, operator. Good morning and welcome to our analyst call to discuss our second quarter 2026 results. Thank you so much for joining us. Those and any other projections represent the current opinions of management, which are subject to change at any time and we assume no obligation to update them. Any forward-looking statements are inherently uncertain. Our actual results may be materially different than our expectations due to a wide variety of risk factors, which we have identified and listed on this slide, as well as in our earnings release and most recent filing for the Securities and Exchange Commission, specifically our 2025 Annual Report on Form 10-K and Form 10-Q for subsequent quarters. We have also provided a reconciliation of certain non-GAAP financial measures referred to in our earnings relief as compared to their closest related GAAP measures. With us today to discuss our results are Steve Hilton, Executive Chairman, Phillippe Lord, CEO, and Hilla Sferruzza, Executive Vice President and CFO of Meritage Homes. We expect today's call to last about an hour. A replay will be available on our website later today. I'll now turn it over to Mr. Hilton. Steve? Thank you, Emily. Welcome to everyone joining today's call. Today, I'll begin with a brief overview of market conditions and our second q...