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-0.00229634091251301 -0.00229634091251301 -0.00229634091251301 0.00331275410329789 0.00135521758771275 0.00346333383526583 0.0053455804848668 0.0107664508357176
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M/I Homes (MHO) Q1 2026 Earnings Transcript [Yahoo! Finance]

M/I Homes, Inc. (MHO) 
Last m/i homes, inc. earnings: 4/29 08:30 am Check Earnings Report
US:NYSE Investor Relations: mihomes.com/support/investors
Company Research Source: Yahoo! Finance
Chairman, President, and Chief Executive Officer — Robert H. Schottenstein Executive Vice President, Chief Financial Officer, and Treasurer — Phillip G. Creek President, M/I Financial — Derek R. Klutch Full Conference Call Transcript Robert Schottenstein: Thanks, Phil. Good morning, everyone, and thank you for joining us today. We had a very solid first quarter, highlighted by revenues of $921 million, pretax income of $89 million and a strong pretax income return of 10%. Clearly, during the quarter, new home demand and homebuilding conditions continue to be challenged, challenging and impacted by affordability and even consumer confidence, the conflict in the Middle East and general uncertainty and volatility in the broader economy. Despite this, we were very pleased to increase our first quarter new contracts by 3%, generate gross margins of 22%, and produce a return on equity of 12%. Our sales momentum from late last year continued into January and February, even with th Show less Read more
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