Investing.com - M/I Homes (NYSE:MHO) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
M/I Homes announced earnings per share of $4.67 on revenue of $1.00. Analysts polled by Investing.com anticipated EPS of $4.05 on revenue of $1.05B.
M/I Homes shares are down 48% from the beginning of the year, still down 34.61% from its 52 week high of $64.92 set on December 13, 2021.
M/I Homes follows other major Consumer Discretionary sector earnings this month
M/I Homes's report follows an earnings beat by Tesla on October 19, who reported EPS of $1.05 on revenue of $21.45B, compared to forecasts EPS of $1.03 on revenue of $22.5B.
Nike had beat expectations on September 29 with first quarter EPS of $0.93 on revenue of $12.69B, compared to forecast for EPS of $0.922 on revenue of $12.28B.
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