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Stock impact report

FOR Q4 Deep Dive: Margin Pressure and Mixed Demand Challenge Lot Sales Momentum [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
The company expects the full year's revenue to be around $1.65 billion, close to analysts' estimates. Its non-GAAP profit of $0.30 per share was in line with analysts' consensus estimates. Is now the time to buy FOR? Find out in our full research report (it's free). Revenue: $273 million vs analyst estimates of $267.5 million (9% year-on-year growth, 2.1% beat) Adjusted EPS: $0.30 vs analyst estimates of $0.30 (in line) Adjusted EBITDA: $19.05 million vs analyst estimates of $14 million (7% margin, 36.1% beat) Operating Margin: 6.8%, down from 8.1% in the same quarter last year Sales Volumes fell 16.7% year on year (-25.9% in the same quarter last year) Market Capitalization: $1.32 billion Forestar Group's fourth quarter results drew a negative market response as revenue growth was offset by margin compression and declining sales volumes. Management attributed the 9% revenue increase to a favorable mix of higher-priced lot deliveries, particularly in the West, but ackn Show less Read more
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