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Forestar Group Inc. Announces Rise In Q3 Income

Forestar Group Inc. Announces Rise In Q3 Income

(RTTNews) – Forestar Group Inc. (FOR) reported a profit for its third quarter that Increased, from last year

The company’s bottom line totaled $35.9 million, or $0.70 per share. This compares with $32.9 million, or $0.65 per share, last year.

The company’s revenue for the period rose 4.2% to $407.0 million from $390.5 million last year.

Forestar Group Inc. earnings at a glance (GAAP) :

-Earnings: $35.9 Mln. vs. $32.9 Mln. last year.
-EPS: $0.70 vs. $0.65 last year.
-Revenue: $407.0 Mln vs. $390.5 Mln last year.

-Guidance:
Full year revenue guidance: $ 1.6 B To $ 1.7 B

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