M/I Homes(US:MHO) ZACKS·2025-04-17 14:20Core Viewpoint - Analysts forecast a quarterly earnings per share (EPS) of $4.16 for M/I Homes, indicating a year-over-year decline of 13%, while revenues are expected to reach $1.12 billion, reflecting a 7.1% increase compared to the previous year [1] Earnings Estimates - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [2] Key Metrics Forecast - Analysts predict 'Revenue - Financial services revenue' to be $31.40 million, a year-over-year increase of 16.5% [4] - The forecast for 'Revenue - Homebuilding revenue - Housing revenue' is $1.09 billion, indicating a 7% year-over-year change [4] - The 'Average home closing price' is expected to reach $489.71 thousand, up from $471 thousand in the same quarter last year [4] Homes Delivered and Contracts - The estimated 'Homes delivered - Total' is 2,221, compared to 2,158 in the same quarter last year [5] - Analysts expect 'New contracts - Total' to be 2,599, an increase from 2,547 year-over-year [5] Backlog and Active Communities - The 'Average sales price of homes in backlog - Total Homebuilding Regions' is projected at $547.03 thousand, up from $528 thousand in the same quarter last year [6] - The consensus for 'Number of active communities (Average community count)' is 224, compared to 216 in the previous year [6] Aggregate Sales and Backlog - The consensus estimate for 'Aggregate sales value of homes in backlog - Total Homebuilding Regions' is $1.59 billion, down from $1.79 billion in the same quarter last year [7] - Analysts suggest 'Homes in backlog' will likely reach 2,910, compared to 3,391 year-over-year [7] Stock Performance - Over the past month, M/I Homes shares have declined by 11.1%, while the Zacks S&P 500 composite has decreased by 6.3% [7]