Earnings Summary

Forestar Group Inc’s revenue jumped 44.13% since last year same period to $549.7Mn in the Q3 2023. On a quarterly growth basis, Forestar Group Inc has generated 49.01% jump in its revenue since last 3-months.

Forestar Group Inc’s net profit jumped 42.52% since last year same period to $72.4Mn in the Q3 2023. On a quarterly growth basis, Forestar Group Inc has generated 54.7% jump in its net profits since last 3-months.

Forestar Group Inc’s net profit margin fell -1.12% since last year same period to 13.17% in the Q3 2023. On a quarterly growth basis, Forestar Group Inc has generated 3.82% jump in its net profit margins since last 3-months.

Forestar Group Inc’s price-to-earnings ratio after this Q3 2023 earnings stands at 9.44.

Forestar Group Inc’s earning per share (EPS) estimates for the current quarter stand at 0.5 - a -46.81% fall from last quarter’s estimates.

Forestar Group Inc’s earning per share (EPS) estimates for the current year stand at 0.5.

Forestar Group Inc’s earning per share (EPS) jumped 42.16% since last year same period to 1.45 in the Q3 2023. This indicates that the Forestar Group Inc has generated 42.16% 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 0.13.