---
schema_version: "secwatch.filing_event.v1"
accession: "0001406587-22-000086"
form_type: "8-K"
ticker: "FOR"
cik: "0001406587"
company_name: "Forestar Group Inc."
filed_at: "2022-07-19T23:59:59+00:00"
generated_at: "2026-06-24T12:12:04.694369+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Forestar Q3 net income up 151% to $0.80 EPS; lowers fiscal 2022 guidance on lot deliveries to 17,000 from ~19,500-20,000

## Summary
- Net income $39.7M ($0.80 diluted EPS) vs $15.8M ($0.32) a year ago, up 151%.
- Revenue $308.5M (down 1% YoY); lots sold 3,473 (down 10% YoY).
- Pre-tax profit margin improved 1,040 bps to 17.1%; excluding debt extinguishment, pre-tax income up 34%.
- Guidance cut: FY2022 lot deliveries ~17,000 (from prior 19,500-20,000); revenue ~$1.425B (from ~$1.7B).
- Lots sold to non-D.R. Horton customers up 213% to 435 lots; ROE 16.2% (up 620 bps).

## SEC filing metadata
- accession: 0001406587-22-000086
- form_type: 8-K
- ticker: FOR
- cik: 0001406587
- company_name: Forestar Group Inc.
- filed_at: 2022-07-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1406587/000140658722000086/0001406587-22-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1406587/000140658722000086/for-20220719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001406587-22-000086
- JSON: https://secwatch.observer/filing/0001406587-22-000086.json
- Plain text: https://secwatch.observer/filing/0001406587-22-000086.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.