{"schema_version":"secwatch.filing_event.v1","accession":"0000799292-24-000037","form_type":"8-K","ticker":"MHO","cik":"0000799292","company_name":"M/I HOMES, INC.","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.009097+00:00","generated_at":"2026-06-03T10:33:26.886357+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"M/I Homes Q1 record: net income $138M, EPS $4.78, homes delivered up 8%","bullets":["Net income of $138.1M ($4.78 diluted EPS) vs $103.1M ($3.64) in Q1 2023, up 34%.","Revenue of $1.05B, up 5% YoY; homes delivered 2,158 (record), up 8%, new contracts up 17% to 2,547.","Gross margin improved 360 bps to 27%; pre-tax income $180.2M (17.2% of revenue), up 33%.","Shareholders' equity record $2.6B, book value $95/shr; cash $870M, zero borrowings on $650M credit facility.","Backlog sales value $1.8B (+4%), 3,391 homes; cancellation rate 8% vs 13% a year ago."],"urls":{"canonical":"https://secwatch.observer/filing/0000799292-24-000037","json":"https://secwatch.observer/filing/0000799292-24-000037.json","markdown":"https://secwatch.observer/filing/0000799292-24-000037.md","text":"https://secwatch.observer/filing/0000799292-24-000037.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/799292/000079929224000037/0000799292-24-000037-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/799292/000079929224000037/mho-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T10:33:26.886357+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a31bb48e6390c80ba6932b91547b664f5dcb47ff","claim":"M/I HOMES, INC. reported three months ended March 31, 2024 results: revenue $1.05 billion, net income $138.1 million, EPS $4.78 per diluted share.","evidence_excerpt":"2024 First Quarter Highlights: • New contracts increased 17% to 2,547 • Homes delivered increased 8% to 2,158, a first quarter record • Revenue increased 5% to $1.05 billion, a first quarter record • Pre-tax income increased 33% to $180.2 million, 17.2% of revenue and a first quarter record • Net income increased 34% to a first quarter record $138.1 million ($4.78 per diluted share) • Shareholders’ equity reached a record of $2.6 billion, a 21% increase from a year ago, with book value per share of $95 • Backlog sales value increased to $1.8 billion, up 4% • Return on equity of 21%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/799292/000079929224000037/0000799292-24-000037-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2024"},{"label":"Revenue","value":"$1.05 billion"},{"label":"Net income","value":"$138.1 million"},{"label":"EPS","value":"$4.78 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}