Forestar Group Inc expected to post earnings of 67 cents a share - Earnings Preview

Forestar

25/01/2022 22:52

* Forestar Group Inc  FOR.N   FOR  is expected to show a
rise in
quarterly revenue when it reports  results on January 27. 
    * The Arlington Texas-based  company is expected to report 
a
16.6% increase in revenue to $358.1 million from $307.1 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Forestar Group Inc
is for
earnings of 67 cents per share. For the same quarter last year,
the company reported earnings of 46 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 $29.5​, about 36.5% above​ its last closing price
of $18.74. ​​​
    * 

This summary was machine generated January 25 at 22:52 GMT.  All
figures in US dollars  unless otherwise stated