Investing.com - M/I Homes reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
M/I Homes announced earnings per share of $2.85 on revenue of $828.8M. Analysts polled by Investing.com anticipated EPS of $1.51 on revenue of $758.75M.
M/I Homes shares are up 39.31% from the beginning of the year and are trading at $63.04 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
M/I Homes shares gained 2.17% in pre-market trade after the report.
M/I Homes follows other major Capital Goods sector earnings this month
M/I Homes's report follows an earnings beat by ASML ADR on Wednesday, April 21, 2021, who reported EPS of $3.86 on revenue of $5.25B, compared to forecasts EPS of $3.07 on revenue of $4.81B.
Honeywell had beat expectations on Friday with first quarter EPS of $1.92 on revenue of $8.45B, compared to forecast for EPS of $1.8 on revenue of $8.08B.
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