RTTNews | Apr 28, 2021 09:20AM EDT

09:19 Wednesday, April 28, 2021 (RTTNews.com) - M/I Homes, Inc. (MHO) reported first quarter net income of $84.9 million or $2.85 per share, a 167% increase compared to $31.7 million or $1.09 per share, a year ago. Analysts polled by Thomson Reuters expected the company to report profit per share of $1.51, for the quarter. Analysts' estimates typically exclude special items.

First quarter revenue increased 43% to $828.8 million. Homes delivered increased 35% to 2,019, a first quarter record. Analysts expected revenue of $758.77 million, for the quarter.

Shares of M/I Homes were up 8% in pre-market trade on Wednesday.

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