Edition:
India

M/I Homes Reports Q1 Earnings Per Share Of $0.60


Wednesday, 25 Apr 2018 

April 25 (Reuters) - M/I Homes Inc ::M/I HOMES REPORTS 2018 FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE $0.60.BACKLOG SALES VALUE INCREASED 31% TO A Q1 RECORD OF $1.1 BILLION, AND BACKLOG UNITS INCREASED 24% TO 2,744 HOMES IN QUARTER.REVENUE INCREASED 8% TO A Q1 RECORD OF $438 MILLION.NEW CONTRACTS INCREASED 20% TO AN ALL-TIME QUARTERLY RECORD OF 1,739 CONTRACTS.HOMES DELIVERED INCREASED 8% TO A Q1 RECORD OF 1,122 HOMES.AT MARCH 31, 2017, BACKLOG SALES VALUE WAS $834 MILLION, WITH BACKLOG UNITS OF 2,220 AND AN AVERAGE SALES PRICE OF $376,000. 

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