M/I Homes Earnings: What Investors Should Watch

M/I Homes (NYSE:MHO) will report earnings before markets open on Thursday, July 25th. M/I Homes, Inc. builds single-family homes that are marketed and sold under the M/I Homes and Showcase Homes trade names. M/I Homes has homebuilding operations in Ohio, Indiana, Florida, North Carolina, Virginia, and Maryland.

Here is your Cheat Sheet to M/i Homes Earnings:

Earnings Expectations: Analysts expect earnings of $0.36 per share on revenues of $257.69 million. Currently, the company’s P/E ratio stands at 26.11.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.27 to a profit $0.47. For the current year, the average estimate is a profit of $1.62, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how M/i Homes has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 608 570 616 566 762
Diluted EPS ($) -17.86 -3.71 -1.42 -1.81 0.67

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 170.99 208.88 250.91 190.73
Diluted EPS ($) 0.17 0.42 0.23 0.11

Past Performance:
M/i Homes has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)