Forestar Group Reports Q4 Earnings Miss on Lower Revenue and EPS
Forestar Group (NYSE: FOR) reported fourth-quarter financial results that fell short of market expectations. The company posted a GAAP earnings per share (EPS) of $1.15, missing estimates by $0.10, while revenue reached $580.8 million, falling $22.29 million below consensus forecasts. The reported revenue represents a 13.4% decline compared to the same period last year. Looking ahead, Forestar Group provided guidance for fiscal year 2027, projecting annual revenue between $1.4 billion and $1.5 billion alongside the delivery of approximately 12,000 to 13,000 residential lots.
Tickers: $FOR