Investing.com - M/I Homes (NYSE:MHO) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
M/I Homes announced earnings per share of $3.16 on revenue of $860.8M. Analysts polled by Investing.com anticipated EPS of $2.98 on revenue of $888.2M.
M/I Homes shares are down 28.1% from the beginning of the year, still down 40.27% from its 52 week high of $74.85 set on May 10, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
M/I Homes shares lost 2.97% in pre-market trade following the report.
M/I Homes follows other major Consumer Discretionary sector earnings this month
M/I Homes's report follows an earnings beat by Tesla on April 20, who reported EPS of $3.22 on revenue of $18.76B, compared to forecasts EPS of $2.26 on revenue of $17.87B.
BYD ADR had missed expectations on March 29 with first quarter EPS of $0.0661 on revenue of $11.18B, compared to forecast for EPS of $0.2333 on revenue of $6.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar