secwatch.observer — SEC 8-K summary
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Issuer:     Forestar Group Inc. (FOR)
CIK:        0001406587
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001406587-21-000090
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forestar posts Q4 net income up 82% to $44.0M; FY 2022 lot guidance 19,000-19,500
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- Q4 net income $44.0M ($0.89 diluted EPS) vs $24.2M ($0.50) YoY; revenue $418.7M (+20%).
- Fiscal 2021 net income $110.2M ($2.25 diluted EPS) vs $60.8M ($1.26); revenue $1.3B (+42%).
- Lots sold in Q4 up 23% to 4,902; fiscal year up 53% to 15,915 lots.
- Expects 19,000-19,500 lots delivered in fiscal 2022; lots owned/controlled up 60% to 97,000.
- Fiscal 2021 included $18.1M pre-tax loss on early redemption of 8.0% senior notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1406587/000140658721000090/0001406587-21-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1406587/000140658721000090/for-20211104.htm
  HTML page:      https://secwatch.observer/filing/0001406587-21-000090

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer