Investing.com - M/I Homes (NYSE:MHO) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
M/I Homes announced earnings per share of $2.51 on revenue of $847.9M. Analysts polled by Investing.com anticipated EPS of $1.44 on revenue of $668.17M.
M/I Homes shares are up 7.88% from the beginning of the year, still down 14.14% from its 52 week high of $49.44 set on October 16. They are outperforming the EUR/USD which is down 0% from the start of the year.
M/I Homes shares lost 1.06% in pre-market 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 October 14, who reported EPS of $2.99 on revenue of $4.65B, compared to forecasts EPS of $2.64 on revenue of $4.36B.
Lockheed Martin had beat expectations on October 20 with third quarter EPS of $6.25 on revenue of $16.5B, compared to forecast for EPS of $6.09 on revenue of $16.11B.
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