Forestar Group (NYSE:FOR) reported its Q2 earnings results on Thursday, April 20, 2023 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Forestar Group beat estimated earnings by 58.82%, reporting an EPS of $0.54 versus an estimate of $0.34.
Revenue was down $120.10 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.17 which was followed by a 1.24% drop in the share price the next day.
Here’s a look at Forestar Group’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.59 | 0.48 | 0.81 | 0.70 |
| EPS Actual | 0.42 | 1.02 | 0.80 | 0.96 |
| Revenue Estimate | 286.87M | 289.77M | 408.45M | 375.90M |
| Revenue Actual | 216.70M | 381.40M | 308.50M | 421.60M |
To track all earnings releases for Forestar Group visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
