U.S. markets closed
  • S&P 500

    4,185.47
    +15.05 (+0.36%)
     
  • Dow 30

    34,200.67
    +164.68 (+0.48%)
     
  • Nasdaq

    14,052.34
    +13.58 (+0.10%)
     
  • Russell 2000

    2,262.67
    +5.60 (+0.25%)
     
  • Crude Oil

    63.07
    -0.39 (-0.61%)
     
  • Gold

    1,777.30
    +10.50 (+0.59%)
     
  • Silver

    26.04
    +0.08 (+0.29%)
     
  • EUR/USD

    1.1980
    +0.0004 (+0.04%)
     
  • 10-Yr Bond

    1.5730
    +0.0430 (+2.81%)
     
  • GBP/USD

    1.3840
    +0.0056 (+0.41%)
     
  • USD/JPY

    108.7900
    +0.0740 (+0.07%)
     
  • BTC-USD

    61,152.79
    +467.46 (+0.77%)
     
  • CMC Crypto 200

    1,398.97
    +7.26 (+0.52%)
     
  • FTSE 100

    7,019.53
    +36.03 (+0.52%)
     
  • Nikkei 225

    29,683.37
    +40.68 (+0.14%)
     

A Preview Of M/I Homes's Earnings

  • Oops!
    Something went wrong.
    Please try again later.
Benzinga Insights
·2 min read
  • Oops!
    Something went wrong.
    Please try again later.

M/I Homes (NYSE:MHO) announces its next round of earnings this Tuesday, February 02. Here is Benzinga's look at M/I Homes's Q4 earnings report.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street expects EPS of $2.42 and sales around $961.99 million. M/I Homes reported a per-share profit of $1.57 when it published results during the same quarter last year. Sales in that period totaled $742.15 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

View more earnings on MHO

If the company were to match the consensus estimate, earnings would be up 54.14%. Sales would be up 29.62% on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:

EPS Estimate

1.44

0.88

0.82

1.69

EPS Actual

2.51

1.89

1.09

1.57

Revenue Estimate

668.17 M

597.88 M

545.75 M

754.06 M

Revenue Actual

847.92 M

714.19 M

577.60 M

742.15 M

Stock Performance

Over the last 52-week period, shares of M/I Homes are up 11.52%.

Do not be surprised to see the stock move on comments made during its conference call. M/I Homes is scheduled to hold the call at 16:00:00 ET and can be accessed here.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.