Forestar Group Inc expected to post earnings of 50 cents a share - Earnings Preview
19/01/2024 13:40
* Forestar Group Inc FOR.N FOR is expected to show a
rise in
quarterly revenue when it reports results on January 23 for the
period ending December 31 2023
* The Arlington Texas-based company is expected to report a
25.7% increase in revenue to $272.367 million from $216.7
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
* LSEG's mean analyst estimate for Forestar Group Inc is
for
earnings of 50 cents per share.
* The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "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 $37.50, above its last closing price of $33.66.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.92 0.94 1.45 Beat 54.5
Jun. 30 2023 0.56 0.55 0.93 Beat 67.6
Mar. 31 2023 0.34 0.34 0.54 Beat 57.1
Dec. 31 2022 0.59 0.59 0.42 Missed -29.1
Sep. 0.48 0.48 1.02 Beat 111.4
30 2022
Jun. 30 2022 0.78 0.81 0.80 Missed -1.1
Mar. 31 2022 0.74 0.73 1.02 Beat 40.4
Dec. 31 2021 0.68 0.67 0.81 Beat 20.4
This summary was machine generated January 19 at 13:40 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)