M/I Homes 2026 Q3 net income falls 38% to $66.55 million
Bitget2026/10/21 11:32- M/I Homes’ third-quarter 2026 diluted earnings fell 35% year over year to $2.56 per share.
- Revenue declined 5% to $1.08 billion, while homes delivered slipped to 2,241.
- Backlog sales value dropped 9% to $1.1 billion at September 30, 2026, with backlog units down 7% to 2,046.
- Management cited increasingly difficult market conditions, including higher mortgage interest rates, weaker demand and growing economic uncertainty.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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