M/I Homes Reports 2019 Second Quarter Results

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M/I Homes (MHO) Tops Q2 EPS by 26c, Revenues Beat

July 24, 2019 8:32 AM EDT

M/I Homes (NYSE: MHO) reported Q2 EPS of $1.08, $0.26 better than the analyst estimate of $0.82. Revenue for the quarter came in at $624 million versus the consensus estimate of $546.04 million.

Homes delivered increased 9% to a second quarter record of 1,538Revenue increased 12% to a second quarter record of $624 millionPre-tax income increased 23% to $41.2 million, a second quarter recordRecord second quarter net income of $30.2... More