Investing.com - M/I Homes (NYSE:MHO) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
M/I Homes announced earnings per share of $2.95 on revenue of $906.4M. Analysts polled by Investing.com anticipated EPS of $2.43 on revenue of $962M.
M/I Homes shares are up 12.17% from the beginning of the year, still down 10.49% from its 52 week high of $55.50 set on January 26. They are outperforming the EUR/USD which is down 0% from the start of the year.
M/I Homes shares gained 0.18% in intra-day trade following the report.
M/I Homes follows other major Capital Goods sector earnings this month
M/I Homes's report follows an earnings beat by ASML ADR on January 20, who reported EPS of $3.91 on revenue of $5.15B, compared to forecasts EPS of $2.97 on revenue of $4.49B.
Honeywell had beat expectations on Friday with fourth quarter EPS of $2.07 on revenue of $8.9B, compared to forecast for EPS of $2 on revenue of $8.4B.
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