Forestar Group Inc expected to post earnings of 40 cents a share - Earnings Preview
16/07/2021 21:54
* Forestar Group Inc FOR.N FOR is expected to show a rise in
quarterly revenue when it reports results on July 20 .
* The Arlington, Texas-based company is expected to report a
72.9% increase in revenue to $307.567 million from $177.9
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data.
* Refinitiv's mean analyst estimate for Forestar Group Inc is
for earnings of 40 cents per share. For the same quarter last
year, the company reported earnings of 16 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the
last three months.
* Wall Street's median 12-month price target for Forestar Group
Inc is $31.5, about 38.1% above its last closing price
of $19.49.
* Previous quarterly performance (using preferred earnings
measure in US dollars).
QUARTER STARMINE REFINITIV ACTUAL BEAT, SURPRI
ENDING SMARTESTIM IBES MET, SE %
ATE® ESTIMATE MISSED
Mar. 31 2021 0.42 0.42 0.59 Beat 42.1
Dec. 31 2020 0.37 0.37 0.46 Beat 25.7
Sep. 30 2020 0.22 0.23 0.50 Beat 119.7
Jun. 30 2020 -0.02 -0.01 0.16 Beat 1,226.
8
Mar. 0.15 0.16 0.20 Beat 29
31 2020
Dec. 31 2019 0.13 0.13 0.35 Beat 169.2
Sep. 30 2019 0.13 0.09 0.29 Beat 237.2
Jun. 30 2019 0.06 0.06 0.16 Beat 166.7
This summary was machine generated July 16 at 20:54 GMT. All
figures in US dollars unless otherwise stated