M/I Homes (NYSE: MHO) reported earnings on Oct. 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), M/I Homes beat slightly on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share expanded.

Margins grew across the board.

Revenue details
M/I Homes logged revenue of $208.9 million. The one analyst polled by S&P Capital IQ expected a top line of $204.9 million on the same basis. GAAP reported sales were 47% higher than the prior-year quarter's $141.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.42. The one earnings estimate compiled by S&P Capital IQ averaged $0.23 per share. GAAP EPS were $0.42 for Q3 against -$0.25 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 21.3%, 340 basis points better than the prior-year quarter. Operating margin was 6.6%, 630 basis points better than the prior-year quarter. Net margin was 4.0%, 730 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $257.9 million. On the bottom line, the average EPS estimate is $0.32.

Next year's average estimate for revenue is $764.9 million. The average EPS estimate is $0.58.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 143 members out of 349 rating the stock outperform, and 206 members rating it underperform. Among 120 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 48 give M/I Homes a green thumbs-up, and 72 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on M/I Homes is outperform, with an average price target of $22.00.