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

Forestar

21/04/2022 22:01

* Forestar Group Inc  FOR.N  reported quarterly adjusted
earnings
of $1.02​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
73 cents per share.
    * Revenue rose 46.8% to $421.60 million from a year ago; 
analysts
expected $386.40 million. 
    * Forestar Group Inc's reported EPS for the quarter was 96
cents​.
    * The mean earnings estimate of analysts had risen by
about 7.7%
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 3.2% this
quarter and
lost 21.0% so far this year.
    * The company reported quarterly net income of $47.8
million.
    * Wall Street's median 12-month price target for Forestar
Group
Inc is $25.00 
    * 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 April 21 at 09:00 p.m.  ​All
figures in US dollars unless otherwise stated