Investing.com - M/I Homes reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
M/I Homes announced earnings per share of $4.67 on revenue of $1.00. Analysts polled by Investing.com anticipated EPS of $4.05 on revenue of $1.05B.
M/I Homes shares are down 48% from the beginning of the year and are trading at $42.45 , down-from-52-week-high.
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, October 19, 2022, who reported EPS of $1.05 on revenue of $21.45B, compared to forecasts EPS of $1.03 on revenue of $22.5B.
Nike had beat expectations on Thursday, September 29, 2022 with first quarter EPS of $0.93 on revenue of $12.69B, compared to forecast for EPS of $0.922 on revenue of $12.28B.
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