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.
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 $1.62, which is better than the estimate ninety days ago.
Here’s how M/i Homes has been performing on an annual basis:
|Revenue ($) 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|
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)