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

Forestar

19/07/2022 22:01

* Forestar Group Inc  FOR.N  reported quarterly adjusted
earnings
of 80 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
81 cents per share.
    * Revenue fell 1.4% to $308.50 million from a year ago; 
analysts
expected $408.45 million. 
    * Forestar Group Inc's reported EPS for the quarter was 80
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.3%
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 risen by 10.7% this
quarter and
lost 30.3% so far this year.
    * The company reported quarterly net income of $39.7
million.
    * Wall Street's median 12-month price target for Forestar
Group
Inc is $21.50 
    * 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 19 at 09:00 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.81           0.80           Missed
 Mar. 31 2022      0.73           1.02           Beat
 Dec. 31 2021      0.67           0.81           Beat
 Sep. 30 2021      0.74           0.85           Beat
 This summary was machine generated from Refinitiv data July 19
at 09:00 p.m