M/I Homes Reports 2020 Third Quarter Results
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M/I Homes (MHO) Tops Q3 EPS by $1.07, Revenues Beat
October 28, 2020 8:33 AM EDTM/I Homes (NYSE: MHO) reported Q3 EPS of $2.51, $1.07 better than the analyst estimate of $1.44. Revenue for the quarter came in at $847.82 million versus the consensus estimate of $668.17 million.
2020 Third Quarter Highlights:
New contracts increased 71% to 2,949 contracts, an all-time quarterly recordBacklog units increased 54% to 4,503, an all-time quarterly recordBacklog sales value reached $1.8 billion, an all-time quarterly recordHomes delivered increased 29% to 2,137, an all-time... More