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

Forestar

20/04/2021 22:31

* Forestar Group Inc  FOR.N  reported quarterly adjusted
earnings of 59 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 42 cents per share.
* Revenue rose 80.5% to $287.10 million from a year ago​; 
analysts expected $285.24 million.
* Forestar Group Inc's reported EPS for the quarter was 59
cents​.
* The mean earnings estimate of analysts had fallen by
about 2.4% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* Forestar Group Inc shares had risen by 9.7% this quarter and
gained 26.5% so far this year.
* The company reported quarterly net income of $28.4 million.
* Wall Street's median 12-month price target for Forestar Group
Inc is $28.00 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 5 "strong buy" or
"buy," 1 "hold" and no "sell" or "strong sell." 
This summary was machine generated April 20 at 09:31 p.m. GMT.
​All figures in US Dollars.​