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Forestar Group Inc.  (FOR)
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    Sector  Services    Industry Real Estate Operations
 
 

EARNINGS REPORT by CSIMarket

Income Positive Again, Topline Crumbles


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Forestar Group Inc announced first quarter 2017 operating income of $36.235 millions



For the first quarter 2017 Forestar Group Inc earnings turn positive of $0.59 per share compare to $-0.13 a year ago and profit plummeted by -42.72 % from $1.03 per share from the previous quarter.

Sales faded by -46.75 % to $22 millions from $42 millions in the same quarter a year ago and sequentially by -65.42 % from $64 millions.



Company achieved net income of $25 millions in the first quarter 2017 an improvement versus a net loss of $-4 millions in the same quarter a year ago. Forestar Group Inc also emphasized it's improving profit margins, where net margin rose to 113.18% in first quarter 2017, and operating margin edged up to 162.45%.
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Other FOR's Earnings Reports

Forestar Group reported forth quarter 2016 earnings

Forestar Group reported third quarter 2016 earnings

Forestar Group reported second quarter 2016 earnings



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