Earnings Preview: M/I Homes
Portfolio Pulse from Benzinga Insights
M/I Homes (NYSE:MHO) is scheduled to release its quarterly earnings report on January 31, 2024. Analysts predict an EPS of $4.94. Investors are looking for an earnings beat and positive guidance for future growth. Historically, M/I Homes has surpassed EPS estimates, resulting in share price increases. The stock has seen a 121.43% rise over the past 52 weeks, trading at $134.15 as of January 29.
January 30, 2024 | 4:02 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
M/I Homes is expected to report an EPS of $4.94 for the upcoming earnings, with investors anticipating an earnings beat and positive future guidance. The stock has been performing well, with a significant 121.43% increase over the past year.
Given M/I Homes' history of surpassing EPS estimates and the subsequent positive stock price reactions, there is a high likelihood of a short-term positive impact if the company beats the EPS forecast again. The stock's strong performance over the past year further supports investor confidence and could contribute to a continued upward trend if the earnings report is favorable.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100