Investing.com - M/I Homes reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
M/I Homes announced earnings per share of $4.79 on revenue of $1.04B. Analysts polled by Investing.com anticipated EPS of $3.78 on revenue of $1.04B.
M/I Homes shares are down 27.21% from the beginning of the year and are trading at $45.26 , down-from-52-week-high.They are under-performing 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 Wednesday, July 20, 2022, who reported EPS of $2.27 on revenue of $16.93B, compared to forecasts EPS of $1.81 on revenue of $16.54B.
Louis Vuitton ADR had beat expectations on Tuesday with second quarter EPS of $2.63 on revenue of $18.98B, compared to forecast for EPS of $2.59 on revenue of $18.36B.
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