(Reuters) - The weak performance also increases the risk for larger
write-offs for options and impairment charges, the company
said.
On April 25, Meritage, which builds homes aimed at move-up
home buyers as well as the luxury market, said it expected to
earn between $2.00 to $2.50 per share for the full year. It
also forecast sales of 7,700 to 8,500 homes in 2007 for total
revenue of $2.4 billion to $2.7 billion.
Read more at Reuters.com Bonds News
write-offs for options and impairment charges, the company
said.
On April 25, Meritage, which builds homes aimed at move-up
home buyers as well as the luxury market, said it expected to
earn between $2.00 to $2.50 per share for the full year. It
also forecast sales of 7,700 to 8,500 homes in 2007 for total
revenue of $2.4 billion to $2.7 billion.
Read more at Reuters.com Bonds News
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