Tag: aims

Earnings call: Forestar reports strong Q2, aims to double market share

 stock analyst  04/19/2024  0 Comments on Earnings call: Forestar reports strong Q2, aims to double market share

Forestar Group Inc . (NYSE:FOR) reported a robust performance in its second quarter, with a significant increase in net income and consolidated revenues. The company\’s net income rose by 67% to $45 million, while consolidated revenues grew by 11% to $333.8 million. The number of lots sold also saw a 10% increase, reaching 3,289.