M/i homes reports q1 earnings per share of $1.09

M/i homes reports 2020 first quarter results.q1 earnings per share $1.09.qtrly homes delivered increased 26% to 1,495 homes.qtrly revenue increased 20% to $577.6 million.qtrly backlog units increased 23% to 3,265.qtrly backlog sales value reached $1.3 billion.qtrly new contracts increased 27% to 2,089 contracts.new contracts in last of half of march were 50% below prior year levels.new contracts during first three weeks of april have improved and are 35% below comparable period in 2019.
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