Investing.com - M/I Homes reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
M/I Homes announced earnings per share of $1.89 on revenue of $714.2M. Analysts polled by Investing.com anticipated EPS of $0.89 on revenue of $597.88M.
M/I Homes shares are up 0.2% from the beginning of the year and are trading at $39.65 , down-from-52-week-high.They are broadly in line with the EUR/USD which is down 0% from the start of the year.
M/I Homes shares gained 0.56% in pre-market trade the report.
M/I Homes follows other major Capital Goods sector earnings this month
M/I Homes's report follows an earnings missed by ASML ADR on Wednesday, July 15, 2020, who reported EPS of $2.04 on revenue of $3.8B, compared to forecasts EPS of $2.25 on revenue of $3.8B.
Lockheed Martin had beat expectations on Tuesday, July 21, 2020 with second quarter EPS of $5.79 on revenue of $16.22B, compared to forecast for EPS of $5.72 on revenue of $15.23B.
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