- Forestar Group press release ( NYSE: FOR ): Q1 GAAP EPS of $0.42 misses by $0.17 .
- Revenue of $216.7M (-46.8% Y/Y) misses by $70.17M .
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“While we are not providing annual guidance at this time due to uncertainty in the market, we expect to continue consolidating market share in the fragmented and under-capitalized U.S. residential lot development industry. Our strong balance sheet and ample liquidity provide us with significant financial and operational flexibility, and we plan to maintain our disciplined approach when investing capital to enhance the long-term value of Forestar.”
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Forestar Group GAAP EPS of $0.42 misses by $0.17, revenue of $216.7M misses by $70.17M