Forestar Group Inc (NYSE:FOR) is expected to report fourth quarter earnings results, after market close, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate fourth quarter income of $ 0.23 per share.
Looking ahead, the full year income are expected at $ 0.99 per share on the revenues of $ 786.20 million.
Previous Quarter Performance
Forestar Group Inc announced income for the third quarter of $ 0.16 per share, from the revenue of $ 177.90 million. Street analysts expected Forestar Group Inc to report loss of $ 0.01 per share on revenue of $ 66.70 million for the third quarter. The top line results outshined analysts by $ 111.20 million or 166.72 percent.
Stock Performance
Shares of Forestar Group Inc traded up $ 0.46 or 2.65 percent on Wednesday, reaching $ 17.85 with volume of 36.80 thousand shares. Forestar Group Inc has traded high as $ 18.07 and has cracked $ 17.23 on the downward trend
The closing price of $ 17.85, representing a 84.41 % increase from the 52 week low of $ 9.43 and a 24.75 % decrease over the 52 week high of $ 23.11.
The company has a market capital of $ 857.87 million and is part of the Real Estate sector and Real Estate – General industry.
Forestar Group Inc. operates as a real estate lot development company. It engages in the acquisition, entitlement, and development of infrastructure for single-family residential communities.
