M/I Homes 2Q revenue $1.16B, est. $1.09B

M/I Homes 2Q revenue $1.16B, est. $1.09B

M/I Homes (MHO) is set to release its Q2 2025 earnings results on Wednesday, July 23rd, before the market opens. The consensus earnings per share (EPS) estimate is $4.43, indicating a year-over-year decline of 13.5% [1]. Revenue is expected to be $1.12 billion, up 0.9% from the year-ago quarter [1]. Over the past two years, MHO has consistently beaten EPS and revenue estimates 75% of the time [1].

Analysts anticipate a mixed performance. While revenue is expected to increase, EPS is projected to decline. The consensus revenue estimate is $1.12 billion, slightly higher than the actual Q2 2025 estimate of $1.16 billion [2]. The EPS estimate of $4.43 per share is lower than the actual Q2 2025 EPS of $4.42 per share [2]. The key metrics analysts are tracking include revenue, home deliveries, and new contracts.

Revenue is expected to be $1.12 billion, up 0.9% year-over-year, according to analysts [1]. Home deliveries are forecasted to be 2,213 units, a slight decrease from the actual Q2 2025 figure of 2,348 units [2]. New contracts are expected to be 2,200 units, down from the actual Q2 2025 figure of 2,078 units [2].

MHO's balance sheet remains strong, with $800 million in cash and an 18% homebuilding debt-to-capital ratio [2]. The company's share repurchase program is active, with $50 million of stock bought back during the quarter [2]. Despite the challenging housing market conditions, MHO's strategic focus on expanding community count shows management is positioning for future growth.

Investors should pay close attention to the company's profitability metrics, as pre-tax income and net income have declined significantly in the current housing environment [2]. The company's gross margins have also contracted compared to the prior year.

References:
[1] https://seekingalpha.com/news/4470052-mi-homes-q2-2025-earnings-preview
[2] https://www.stocktitan.net/news/MHO/m-i-homes-reports-2025-second-quarter-mdigv5qqhxpb.html