Forestar Group (FOR) Misses Q3 EPS by 32c

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Forestar Group Inc. Reports Third Quarter 2015 Results

November 4, 2015 6:00 AM EST

Tremendous changes at Forestar including four key initiatives:

Reducing costs across the entire organization Reviewing entire portfolio of assets Reviewing capital structure Reviewing additional disclosures

AUSTIN, Texas--(BUSINESS WIRE)-- Forestar Group Inc. (NYSE: FOR) (Forestar or the Company) today reported a third quarter 2015 net loss of approximately ($164.2) million, or ($4.79) per share outstanding, compared with third quarter 2014 net income of approximately $5.2 million, or $0.12 per share outstanding. Third quarter 2015 results include... More