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M/I Homes: Q4 Earnings Snapshot

COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — M/I Homes Inc. (MHO) on Wednesday reported fourth-quarter earnings of $64 million.

On a per-share basis, the Columbus, Ohio-based company said it had net income of $2.39. Earnings, adjusted for asset impairment costs and non-recurring costs, were $3.91 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.88 per share.

The homebuilder posted revenue of $1.15 billion in the period.

For the year, the company reported profit of $402.9 million, or $14.74 per share. Revenue was reported as $4.42 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MHO at https://www.zacks.com/ap/MHO

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