Forestar Group (FOR) Posts Surprise Q4 Profit

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Go back to Forestar Group (FOR) Posts Surprise Q4 Profit

Forestar Reports Full Year and Fourth Quarter 2014 Results

March 5, 2015 7:41 AM EST

Delivering record real estate segment earnings with highest lot sales and margins since 2006 Generating 20% oil and gas production and reserve growth Repurchasing almost $25 million of common stock

AUSTIN, Texas--(BUSINESS WIRE)-- Forestar Group Inc. (NYSE: FOR) today reported full year 2014 net income of approximately $16.6 million, or $0.38 per diluted share, compared with full year 2013 net income of approximately $29.3 million, or $0.80 per diluted share outstanding. Full year 2014 results include non-cash charges and other special items of... More