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M/I Homes (NYSE:MHO) Posts Earnings Results, Beats Estimates By $0.01 EPS
['Mitch Edgeman']
Markets Daily
M/I Homes (NYSE:MHO – Get Free Report) released its quarterly earnings results on Wednesday.
Here are the key takeaways from M/I Homes’ conference call:Get M/I Homes alerts:Second-quarter new contracts rose 15% year over year to a record 2,387 homes, with the sales pace improving to 3.4 homes per community despite elevated mortgage rates and economic uncertainty.
M/I Homes Trading Up 2.0%Shares of M/I Homes stock traded up $3.04 during midday trading on Wednesday, reaching $155.18.
M/I Homes Company Profile(Get Free Report)M/I Homes, Inc is a publicly traded residential homebuilder founded in 1976 and headquartered in Columbus, Ohio.
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