Forestar Reports Q3 Earnings and Revenue Below Analyst Estimates
Forestar Group Inc. (NYSE:FOR) reported third-quarter earnings and revenue that missed Wall Street forecasts, leading to a decline in its stock price ahead of market open. Despite the miss, the company showed year-over-year improvements in net income, pre-tax profit margin, and lot deliveries.
Tickers: $FOR
Topics: financial_performance real_estate residential_development