M/I Homes (MHO) Misses Q2 EPS by 1c

M/I Homes (NYSE: MHO) reported Q2 EPS of $0.52, $0.01 worse than the analyst estimate of $0.53. Revenue for the quarter came in at $401.25 million versus the consensus estimate of $405.65 million.

• New contracts increased 23% to 1,354 - a second quarter record
• Homes delivered increased 13%; average closing price increased 7%
• Backlog sales value increased 28% to $842 million; backlog units increased 27% to 2,281

For earnings history and earnings-related data on M/I Homes (MHO) click here.

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