Forestar Group Inc expected to post earnings of 94  cents a share - Earnings Preview

Forestar

03/11/2023 16:56

* Forestar Group Inc  FOR.N   FOR  is expected to show a
rise in
quarterly revenue when it reports  results on November 7. 
    * The Arlington Texas-based  company is expected to report 
a
4.6% increase in revenue to $399.05 million from $381.4 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Forestar Group Inc
is for
earnings of 94 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 $32​, above​ its last closing price of $25.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.48        0.48       1.02      Beat    111.4
 ​​Jun.        0.78        0.81       0.80      Missed  -1.1
 30 2022                                                
 Mar. 31 2022  0.74        0.73       1.02      Beat    40.4​
 Dec. 31 2021  0.68        0.67       0.81      Beat    20.4
 Sep. 30 2021  0.74        0.74       0.85      Beat    14.6
 This summary was machine generated November 3 at 16:56 GMT.  All
figures in US dollars  unless otherwise stated