Earnings Summary

Forestar Group Inc’s revenue jumped 10.71% since last year same period to $333.8Mn in the Q1 2024. On a quarterly growth basis, Forestar Group Inc has generated 9.12% jump in its revenue since last 3-months.

Forestar Group Inc’s net profit jumped 67.29% since last year same period to $45Mn in the Q1 2024. On a quarterly growth basis, Forestar Group Inc has generated 17.8% jump in its net profits since last 3-months.

Forestar Group Inc’s net profit margin jumped 51.1% since last year same period to 13.48% in the Q1 2024. On a quarterly growth basis, Forestar Group Inc has generated 7.95% jump in its net profit margins since last 3-months.

Forestar Group Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 8.61.

Forestar Group Inc’s earning per share (EPS) estimates for the current quarter stand at 0.9 - a 25% jump from last quarter’s estimates.

Forestar Group Inc’s earning per share (EPS) estimates for the current year stand at 0.9.

Forestar Group Inc’s earning per share (EPS) jumped 64.81% since last year same period to 0.89 in the Q1 2024. This indicates that the Forestar Group Inc has generated 64.81% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Forestar Group Inc’s return on assets (ROA) stands at 0.06.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Forestar Group Inc’s return on equity (ROE) stands at 0.15.