M/I Homes Reports 2020 First Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/17/2026
- Wall St futures rise as Fed rate hike lifts long-standing overhang
- Oil prices extend losses as supply disruption fears ease
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
- Exclusive-SK Hynix in talks with Intel about deal to make memory chips in US for the first time, sources say
- Trade the FOMC: How stocks tend to perform on Fed hike days
- Generac strikes $8B supply deal with Amazon for data center power
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Shipping stocks on fire — but cracks are forming in the rate rally
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
- Bernstein on Crypto: 'Clarity fails - what next?'
M/I Homes (MHO) Tops Q1 EPS by 27c, Revenues Beat
April 29, 2020 8:33 AM EDTM/I Homes (NYSE: MHO) reported Q1 EPS of $1.09, $0.27 better than the analyst estimate of $0.82. Revenue for the quarter came in at $577.6 million versus the consensus estimate of $545.75 million.
2020 First Quarter Highlights:
Homes delivered increased 26% to a first quarter record of 1,495 homesRevenue increased 20% to a first quarter record of $577.6 millionPre-tax income increased 76% to $41.4 million, a first quarter recordRecord first quarter net income of $31.7 million ($1.09 per diluted share), a 79% increase compared to $17.7 million ($0.63 per diluted share) in 2019New contracts increased 27% to 2,089 contracts, an all-time quarterly recordBacklog units increased 23% to 3,265,... More