M/I Homes: Q4 Earnings Snapshot

Associated Press Finance
29 Jan

COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — M/I Homes Inc. (MHO) on Wednesday reported fourth-quarter net income of $133.5 million.

On a per-share basis, the Columbus, Ohio-based company said it had profit of $4.71.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $4.83 per share.

The homebuilder posted revenue of $1.21 billion in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $1.17 billion.

For the year, the company reported profit of $563.7 million, or $19.71 per share. Revenue was reported as $4.5 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MHO at https://www.zacks.com/ap/MHO

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10