Recap: Forestar Group Q2 Earnings

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Forestar Group 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.

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