M/I Homes Inc (MHO)

NYSE
Currency in USD
115.88
-1.85(-1.57%)
Closed
After Hours
115.65-0.23(-0.20%)

MHO Earnings

Latest Release
Jan 29, 2025
EPS / Forecast
4.71 / 4.97
Revenue / Forecast
1.20B / 1.15B
EPS Revisions
Last 90 days
Release Date
Period End
EPS
/Forecast
Revenue
/Forecast
EPS Surprise %
Revenue Surprise %
Reaction
03/2025--/4.73--/1.1B----Free Sign Up
12/20244.71/4.971.2B/1.15B-5.23%+4.35%Free Sign Up
09/20245.1/4.941.14B/1.13B+3.24%+0.88%Free Sign Up
06/20245.12/4.61.1B/1.05B+11.3%+4.76%Free Sign Up
03/20244.78/3.961.05B/1.01B+20.71%+3.96%Free Sign Up
12/20233.66/4.94972.6M/1.19B-25.91%-18.27%Free Sign Up
09/20234.82/4.271B/1.07B+12.88%-6.54%Free Sign Up
06/20234.12/2.451B/818.6M+68.16%+22.16%Free Sign Up
03/20233.64/2.361B/787.9M+54.24%+26.92%Free Sign Up
12/20225.15/4.161.2B/1.03B+23.8%+16.5%Free Sign Up

All numbers in USD

M/I Homes Inc Earnings Call Summary for Q4/2024

  • M/I Homes reported record Q4 2024 revenue of $1.2B, up 24% YoY, but EPS of $4.71 missed forecasts, causing a 3.2% stock drop
  • Full-year 2024 revenue reached $4.5B, up 12%, with improved gross margins of 26.6% and pre-tax margins of 16.3%
  • CEO highlighted strong financials but warned of potential margin compression in 2025 due to market conditions
  • Company plans to maintain sales pace through community count growth, focusing on premier locations and diverse product offerings
  • Challenges include softening Tampa market, rising lot costs, labor availability, and economic uncertainties affecting buyer sentiment
Last Updated: 02/01/2025, 07:20 AM
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