Investing.com - M/I Homes reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
M/I Homes announced earnings per share of $3.16 on revenue of $860.8M. Analysts polled by Investing.com anticipated EPS of $2.98 on revenue of $888.2M.
M/I Homes shares are down 28.1% from the beginning of the year and are trading at $43.38 , 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 shares lost 2.97% in pre-market trade following the report.
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, April 20, 2022, who reported EPS of $3.22 on revenue of $18.76B, compared to forecasts EPS of $2.26 on revenue of $17.87B.
BYD ADR had missed expectations on Tuesday, March 29, 2022 with first quarter EPS of $0.0661 on revenue of $11.18B, compared to forecast for EPS of $0.2333 on revenue of $6.72B.
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