M/i homes reports 2024 third quarter results

Columbus, ohio , oct. 30, 2024 /prnewswire/ -- m/i homes, inc. (nyse: mho) announced results for the three and nine months ended september 30, 2024. 2024  third quarter highlights: record third quarter homes delivered, revenue, and income homes delivered increased 8% to 2,271 revenue increased 9% to $1.1 billion pre-tax income increased 6% to $188.7 million, 16.5% of revenue net income increased 5% to $145.4 million ($5.10 per diluted share) shareholders' equity reached an all-time record $2.8 billion, a 17% increase from a year ago, with book value per share of $105 new contracts were 2,023, compared to 2,021 in last year's third quarter repurchased $50 million of common stock return on equity of 20% the company reported pre-tax income of $188.7 million and net income of $145.4 million ($5.10 per diluted share), both third quarter records.
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