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ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar will participate in a fireside chat via webcast at the J.P. Morgan Homebuilding & Building Products Conference on May 17, 2023.
Forestar Group (FOR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Forestar Group Inc. (FOR) Q2 2023 Earnings Call Transcript.
Forestar Group (FOR) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.96 per share a year ago.
Forestar Group Inc. (NYSE:FOR ) Q1 2023 Earnings Conference Call January 24, 2023 5:00 PM ET Company Participants Katie Smith - Director of Finance and Investor Relations Dan Bartok - Chief Executive Officer Jim Allen - Chief Financial Officer Mark Walker - Chief Operating Officer Conference Call Participants Truman Patterson - Wolfe Research Carl Reichardt - BTIG Asher Sohnen - Citigroup Doug Wardlaw - JPMorgan Operator Good afternoon, and welcome to Forestar's First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Forestar Group (FOR) delivered earnings and revenue surprises of -43.24% and 31.60%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Forestar Group Inc. has built-in demand for its developed lots as a majority-owned subsidiary of D.R. Horton, Inc., the leading homebuilder in America. Forestar benefits from D.R. Horton's success, but is also benefiting from its own growing share within D.R. Horton.
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.