secwatch.observer — SEC 8-K summary
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Issuer:     M/I HOMES, INC. (MHO)
CIK:        0000799292
Form:       8-K
Filed at:   2024-01-31T23:59:59+00:00
Accession:  0000799292-24-000003
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

M/I Homes Q4 net income $105.3M ($3.66 EPS); new contracts surge 61%
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- Q4 revenue $972.6M (-20% YoY); full-year revenue $4.0B (-2%).
- Q4 net income $105.3M vs $130.4M; diluted EPS $3.66 vs $4.65.
- New contracts Q4 up 61% to 1,588; full-year up 20% to 7,977.
- Backlog sales value $1.6B (-7%); cancellation rate improved to 13% from 30%.
- Record shareholders' equity $2.5B ($91 book value/share); debt-to-capital 22%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799292/000079929224000003/0000799292-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799292/000079929224000003/mho-20240131.htm
  HTML page:      https://secwatch.observer/filing/0000799292-24-000003

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