Forestar Group Q2 2024 GAAP EPS $0.89 Beats $0.81 Estimate, Sales $333.800M Beat $325.913M Estimate
Portfolio Pulse from Benzinga Newsdesk
Forestar Group (NYSE:FOR) reported Q2 2024 earnings of $0.89 per share, surpassing the consensus estimate of $0.81. Sales reached $333.800M, exceeding estimates of $325.913M and marking a 10.71% increase from the previous year.
April 18, 2024 | 10:49 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Forestar Group reported higher-than-expected Q2 2024 earnings and sales, indicating strong financial performance and growth.
The positive earnings and sales beat for Forestar Group suggests a strong financial performance, likely leading to increased investor confidence and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100