M/I Homes(US:MHO) ZACKSยท2025-07-23 14:30Core Insights - M/I Homes reported $1.16 billion in revenue for the quarter ended June 2025, a year-over-year increase of 4.8% [1] - The earnings per share (EPS) for the same period was $4.42, down from $5.12 a year ago, indicating a decline [1] - The reported revenue exceeded the Zacks Consensus Estimate of $1.12 billion by 4.24%, while the EPS fell short of the consensus estimate of $4.43 by 0.23% [1] Financial Performance Metrics - Average home closing price was $479 thousand, slightly below the average estimate of $479.99 thousand [4] - Total homes delivered were 2,348, surpassing the average estimate of 2,213 [4] - New contracts totaled 2,078, which was below the estimated average of 2,200 [4] - The average sales price of homes in backlog was $553 thousand, exceeding the average estimate of $547.64 thousand [4] - The number of active communities was 230, above the average estimate of 227 [4] - Aggregate sales value of homes in backlog was $1.43 billion, lower than the average estimate of $1.55 billion [4] - Homes in backlog numbered 2,577, compared to the estimated average of 2,835 [4] - Financial services revenue was $31.45 million, exceeding the average estimate of $28.5 million, representing a year-over-year change of +2.2% [4] - Homebuilding revenue was $1.12 billion, above the estimated average of $1.06 billion, reflecting a year-over-year increase of +4.9% [4] Stock Performance - Shares of M/I Homes returned +10% over the past month, outperforming the Zacks S&P 500 composite's +5.9% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]