M/I Homes (NYSE:MHO) reported quarterly earnings of $2.39 per share which missed the analyst consensus estimate of $3.88 by 38.45 percent. This is a 49.26 percent decrease over earnings of $4.71 per share from the same period last year. The company reported quarterly sales of $1.147 billion which beat the analyst consensus estimate of $1.110 billion by 3.30 percent. This is a 4.81 percent decrease over sales of $1.205 billion the same period last year.