M/I Homes (MHO) Misses Q1 EPS by 8c

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M/I Homes Reports 2016 First Quarter Results

April 28, 2016 8:31 AM EDT

COLUMBUS, Ohio, April 28, 2016 /PRNewswire/ -- M/I Homes, Inc. (NYSE: MHO) announced results for the three months ended March 31, 2016.

2016 First Quarter Highlights:

Net income of $9.2 million ($0.30 per diluted share) Pre-tax income increased 34% to $14.0 million, excluding impact of land sales gross profit which was $700,000 in 2016 vs. $5.2 million in 2015 New contracts increased 19% Homes delivered increased 22%; average closing price increased 9% Backlog sales value increased 27% to $730 million; backlog units increased 22% to 1,969 Opening of new division in Sarasota, Florida

For the first... More

M/I Homes, Inc. Announces First Quarter Earnings Webcast

April 28, 2016 7:45 AM EDT

COLUMBUS, Ohio, April 14, 2016 /PRNewswire/ -- M/I Homes, Inc. (NYSE: MHO) announces the following Webcast:

What:        M/I Homes, Inc. Announces First Quarter Earnings Webcast

When:        April 28, 2016 @ 4:00 p.m. Eastern Time

Where:      ... More