Earnings Outlook For Forestar Group
Portfolio Pulse from Benzinga Insights
Forestar Group (NYSE:FOR) is expected to release its quarterly earnings report on Tuesday, 2024-01-23, with an estimated EPS of $0.50. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, the company's stock price has shown mixed reactions to past earnings performances. Shares are currently trading at $33.92, up 128.81% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
January 22, 2024 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Forestar Group is anticipated to release its earnings report with an estimated EPS of $0.50. Investors are hopeful for an earnings beat and positive future guidance. The stock has risen 128.81% over the past year, reflecting a bullish long-term sentiment.
Given the historical performance where Forestar Group has beaten EPS estimates in the past, there is a positive sentiment that may lead to a short-term price increase if the company beats the EPS estimate again and provides favorable guidance. However, the stock has shown to react negatively even after an EPS beat, as seen in the last quarter, which introduces some uncertainty.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100