secwatch.observer — SEC 8-K summary
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Issuer:     M/I HOMES, INC. (MHO)
CIK:        0000799292
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0000799292-23-000088
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

M/I Homes Q2 net income $118M ($4.12 EPS); new contracts up 21% YoY
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- Revenue of $1.0B (-3% YoY); pre-tax income $155.4M (-15%).
- Diluted EPS $4.12 vs $4.79 in Q2 2022; net income $118M vs $136.8M.
- New contracts increased 21% to 2,197; deliveries down 7% to 1,990.
- Record shareholders' equity of $2.3B (book value $83/share); ROE 23%.
- Gross margin 26%; cancellation rate improved to 10% from 11%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799292/000079929223000088/0000799292-23-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799292/000079929223000088/mho-20230726.htm
  HTML page:      https://secwatch.observer/filing/0000799292-23-000088

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer