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

M/I Homes

25/10/2023 14:32

* M/I Homes Inc  MHO.N  reported quarterly adjusted earnings
of
$4.82​​ per share for the quarter ended in September. The lone
analyst forecast for the quarter was for earnings of $4.27 per
share.
    * Revenue rose 3.3% to $1.05 billion from a year ago;
analysts
expected $1.07 billion. 
    * M/I Homes Inc's reported EPS for the quarter was $4.82​.
    * The mean earnings estimate of analysts had risen by
about 41.6%
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 fallen by 7.5% this quarter and
gained 68.4% so far this year.
    * The company reported quarterly net income of $139.02
million.
    * Wall Street's median 12-month price target for M/I Homes
Inc is
$93.50 
    * 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
October 25 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      4.27           4.82           Beat
 Jun. 30 2023      2.45           4.12           Beat
 Mar. 31 2023      2.36           3.64           Beat
 Dec. 31 2022      4.16           5.15           Beat