Investing.com - M/I Homes (NYSE:MHO) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
M/I Homes announced earnings per share of $3.58 on revenue of $961M. Analysts polled by Investing.com anticipated EPS of $2.49 on revenue of $853.8M.
M/I Homes shares are up 32.17% from the beginning of the year, still down 21.79% from its 52 week high of $74.85 set on May 10. They are outperforming the EUR/USD which is down 0% from the start of the year.
M/I Homes follows other major Consumer Discretionary sector earnings this month
M/I Homes's report follows an earnings beat by Tesla on Monday, who reported EPS of $1.45 on revenue of $11.96B, compared to forecasts EPS of $0.9364 on revenue of $11.53B.
Louis Vuitton ADR had beat expectations on Monday with second quarter EPS of $1.74 on revenue of $17.39B, compared to forecast for EPS of $1.45 on revenue of $16.61B.
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