Investing.com - M/I Homes (NYSE:MHO) reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
M/I Homes announced earnings per share of $3.03 on revenue of $904.3M. Analysts polled by Investing.com anticipated EPS of $3.47 on revenue of $1.03B.
M/I Homes shares are up 39.29% from the beginning of the year, still down 17.58% 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 shares gained 0.02% 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 20, who reported EPS of $4.97 on revenue of $6.1B, compared to forecasts EPS of $4.61 on revenue of $6.19B.
Honeywell had beat expectations on Friday with third quarter EPS of $2.02 on revenue of $8.47B, compared to forecast for EPS of $1.99 on revenue of $8.66B.
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