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Market Impact: 0.34

Forestar Group (FOR) Q2 Earnings and Revenues Miss Estimates

FOR
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Forestar Group reported quarterly EPS of $0.63, missing the Zacks Consensus Estimate of $0.72 by $0.09, or about 12.5%. Earnings were also slightly below the $0.64 per share earned a year ago. The miss points to modest near-term pressure on fundamentals and is likely to weigh on the stock, though the headline is not severe.

Analysis

Forestar Group reported quarterly EPS of $0.63, missing the Zacks Consensus Estimate of $0.72 by $0.09, or about 12.5%. Earnings were also slightly below the $0.64 per share earned a year ago. The miss points to modest near-term pressure on fundamentals and is likely to weigh on the stock, though the headline is not severe.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.33

Ticker Sentiment

FOR-0.78