• Forestar Group Inc FOR.N reported quarterly adjusted earnings of 70 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 65 cents. The mean expectation of four analysts for the quarter was for earnings of 81 cents per share. Wall Street expected results to range from 67 cents to 96 cents per share.

• Revenue rose 4.2% to $407.00 million from a year ago; analysts expected $437.73 million.

• Forestar Group Inc's reported EPS for the quarter was 70 cents​.

• The company reported quarterly net income of $35.9 million.

• Forestar Group Inc shares had fallen by 10.9% this quarter and gained 14.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction & engineering peer group is also "buy"

• Wall Street's median 12-month price target for Forestar Group Inc is $35.00, about 19.4% above its last closing price of $28.20

This summary was machine generated from LSEG data July 21 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)