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Stock impact report

Consumer Discretionary Stocks Q4 Highlights: Forestar Group (NYSE:FOR) [Yahoo! Finance]

Forestar Group Inc (FOR) 
Last forestar group inc earnings: 4/23 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.forestargroup.com
Company Research Source: Yahoo! Finance
Today, we are looking at consumer discretionary stocks, starting with Forestar Group (NYSE:FOR). This sector includes everything from cable TV services to hotel stays to gym memberships. While diverse, the way people buy and experience these products is being upended by the internet and digitization. Consumer discretionary companies are working to adapt to secular trends such as streaming video, online marketplaces for lodging accommodations, and connected fitness. That discretionary purchases are, by definition, something consumers can give up makes it even more imperative for companies in the space to adapt. The 22 consumer discretionary stocks we track reported a satisfactory Q4. As a group, revenues beat analysts' consensus estimates by 1.8% while next quarter's revenue guidance was 1.8% below. In light of this news, share prices of the companies have held steady as they are up 3.7% on average since the latest earnings results. As a majority-owned subsidiary of homebuildin Show less Read more
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