Forestar Group (FOR) Tops Q2 EPS by 26c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Forestar Reports Fiscal 2022 Second Quarter Results
April 21, 2022 4:05 PM EDTARLINGTON, Texas--(BUSINESS WIRE)-- Forestar Group Inc. ("Forestar") (NYSE: FOR), a leading national residential lot developer, today reported financial results for its second fiscal quarter ended March 31, 2022.
Fiscal 2022 Second Quarter Highlights
All comparisons are year-over-year, unless otherwise noted
Net income attributable to Forestar increased 68% to $47.8 million or $0.96 per diluted share Pre-tax income increased 68% to $63.2 million, while pre-tax profit margin increased 190 basis points to 15.0% Revenues increased 47% to $421.6 million Residential lots sold in the quarter... More