Forestar Group Inc reports results for the quarter ended in June - Earnings Summary

Forestar

20/07/2021 21:49

* Forestar Group Inc  FOR.N  reported quarterly adjusted
earnings of 59 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of 40 cents per share.
* Revenue rose 75.9% to $312.90 million from a year ago; 
analysts expected $307.57 million. 
* Forestar Group Inc's reported EPS for the quarter was 32
cents​.
* The mean earnings estimate of analysts had fallen by
about 12.8% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Forestar Group Inc shares had fallen by 11.2% this quarter and
lost 8.0% so far this year.
* The company reported quarterly net income of $15.8 million.
* Wall Street's median 12-month price target for Forestar Group
Inc is $31.50 
* 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." 
This summary was machine generated July 20 at 08:49 p.m.  ​All
figures in US dollars unless otherwise stated