Forestar Group shares are trading lower after the company reported worse-than-expected Q3 EPS and revenues.
Portfolio Pulse from Benzinga Newsdesk
Forestar Group shares are trading lower after the company reported worse-than-expected Q3 EPS and revenues.
July 18, 2024 | 10:35 am
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NEGATIVE IMPACT
Forestar Group reported worse-than-expected Q3 EPS and revenues, leading to a decline in its share price.
The company's disappointing Q3 earnings and revenue results have directly impacted its stock price negatively. Investors are likely reacting to the missed expectations, leading to a sell-off.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100