secwatch.observer — SEC 8-K summary
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Issuer:     M/I HOMES, INC. (MHO)
CIK:        0000799292
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0000799292-24-000065
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

M/I Homes reports record Q2 net income of $146.7M ($5.12 EPS), revenue up 9% to $1.1B
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- Net income record $146.7M ($5.12 diluted EPS) vs $118.0M ($4.12) in Q2 2023.
- Revenue record $1.1B, up 9% YoY; pre-tax income record $194.1M (17.5% margin).
- Gross margin 28% vs 25% a year ago; ROE solid at 21%.
- Shareholders' equity record $2.7B ($100/book share); cash $837M; net debt-to-cap negative 6%.
- Repurchased $50M of common stock during the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799292/000079929224000065/0000799292-24-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799292/000079929224000065/mho-20240730.htm
  HTML page:      https://secwatch.observer/filing/0000799292-24-000065

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