M/I Homes Q4 New Contracts Remained Flat Y/Y At 2,023, Homes Delivered Increased 8% to 2,271
Portfolio Pulse from Benzinga Newsdesk
M/I Homes reported that its Q4 new contracts remained flat year-over-year at 2,023, while the number of homes delivered increased by 8% to 2,271.
October 30, 2024 | 11:35 am
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M/I Homes' Q4 performance showed stability in new contracts but growth in home deliveries, which could indicate operational efficiency and potential revenue growth.
The flat new contracts suggest stable demand, while the increase in home deliveries indicates improved operational efficiency and potential for increased revenue. This could positively impact MHO's stock price in the short term.
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