Forestar Group: Q2 Earnings Insights - Forestar Group (NYSE:FOR)

Forestar Group FOR reported its Q2 earnings results on Thursday, April 20, 2023 at 06:30 AM.

Here's what investors need to know about the announcement.

Forestar Group beat estimated earnings by 58.82%, reporting an EPS of $0.54 versus an estimate of $0.34.

Revenue was down $120.10 million from the same period last year.

Last quarter the company missed on EPS by $0.17 which was followed by a 1.24% drop in the share price the next day.

Here's a look at Forestar Group's past performance:

Quarter	Q1 2023	Q4 2022	Q3 2022	Q2 2022
EPS Estimate	0.59	0.48	0.81	0.70
EPS Actual	0.42	1.02	0.80	0.96
Revenue Estimate	286.87M	289.77M	408.45M	375.90M
Revenue Actual	216.70M	381.40M	308.50M	421.60M

To track all earnings releases for Forestar Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.