M/I Homes Inc reports results for the quarter ended in June - Earnings Summary

M/I Homes

26/07/2023 14:32

* M/I Homes Inc  MHO.N  reported quarterly adjusted earnings
of
$4.12​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for earnings of $2.45 per
share.
    * Revenue fell 2.6% to $1.01 billion from a year ago;
analysts
expected $822.80 million. 
    * M/I Homes Inc's reported EPS for the quarter was $4.12​.
    * The mean earnings estimate of analysts had fallen by
about 4% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * M/I Homes Inc shares had risen by 7.5% this quarter and
gained 103.1% so far this year.
    * The company reported quarterly net income of $118 million.
    * Wall Street's median 12-month price target for M/I Homes
Inc is
$89.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
26 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      2.45           4.12           Beat
 Mar. 31 2023      2.36           3.64           Beat
 Dec. 31 2022      4.16           5.15           Beat
 Sep. 30 2022      4.05           4.67           Beat