Forestar (FOR) - 2024 Q3 - Quarterly Results
Forestar (FOR)2024-07-19 01:54
Exhibit 99.1 FORESTAR REPORTS FISCAL 2024 THIRD QUARTER RESULTS ARLINGTON, Texas (Business Wire) - July 18, 2024 — Forestar Group Inc. ("Forestar") (NYSE: FOR), a leading national residential lot developer, today reported financial results for its third fiscal quarter ended June 30, 2024. Fiscal 2024 Third Quarter Highlights All comparisons are year-over-year • Net income of $38.7 million or $0.76 per diluted share • Pre-tax income of $51.6 million, with a pre-tax profit margin of 16.2% • Consolidated reven ...