M/I Homes IncMHO
▼ NegativeCapitalrelevance
Q2 profit and revenue declined year-over-year, with earnings per share dropping from $4.42 to $3.02.
Impact on stocks 1
Consumer Discretionary
M/I Homes IncM/I Homes Inc. reported a decline in second-quarter profit, with earnings falling to $79.06 million, or $3.02 per share, from $121.24 million, or $4.42 per share, in the same period last year. Adjusted earnings, which exclude certain items, came in at $82.24 million, or $3.14 per share. Revenue for the quarter decreased 8.5% to $1.063 billion from $1.162 billion a year earlier.
M/I Homes IncQ2 profit and revenue declined year-over-year, with earnings per share dropping from $4.42 to $3.02.