Q2 FY2026 EarningsQ2 FY26 results were mixed relative to consensus: revenue of $1.06B beat the $1.05B estimate by 1.54%, but Diluted EPS of $3.02 missed the $3.125 mean estimate by 3.36%. Homebuilding gross margin of 19.7% fell significantly below the expected 21.9% as the company utilized aggressive mortgage rate buydowns to support demand. Management expects affordability pressures to persist, though they plan a 5% average community count growth in 2026 to drive volume.
Preview: M/I Homes(MHO) predict that the Revenue is 1.063 B (-8.54%), Beat estimate;the EBIT is 101.28 M (-34.96%), Miss estimate;the EPS is 3.02 (-31.67%), Miss estimate.