Brief: M/I Homes Reports Q1 Earnings Per Share Of $1.09

M/I Homes

29/04/2020 13:44

April 29 (Reuters) - M/I Homes Inc  MHO.N :
    * M/I HOMES REPORTS 2020 FIRST QUARTER RESULTS
    * Q1 EARNINGS PER SHARE $1.09
    * QTRLY HOMES DELIVERED INCREASED 26% TO 1,495 HOMES
    * QTRLY REVENUE INCREASED 20% TO $577.6 MILLION
    * QTRLY BACKLOG UNITS INCREASED 23% TO 3,265
    * QTRLY BACKLOG SALES VALUE REACHED $1.3 BILLION
    * QTRLY NEW CONTRACTS INCREASED 27% TO 2,089 CONTRACTS
    * NEW CONTRACTS IN LAST OF HALF OF MARCH WERE 50% BELOW
PRIOR YEAR
LEVELS
    * NEW CONTRACTS DURING FIRST THREE WEEKS OF APRIL HAVE
IMPROVED
AND ARE 35% BELOW COMPARABLE PERIOD IN 2019

Source text for Eikon:  ID:nPn3cDls9a 
Further company coverage:  MHO.N 

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