{"schema_version":"secwatch.filing_event.v1","accession":"0001406587-23-000006","form_type":"8-K","ticker":"FOR","cik":"0001406587","company_name":"Forestar Group Inc.","filed_at":"2023-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.789328+00:00","generated_at":"2026-06-20T10:40:03.708196+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Forestar Q1 net income down 49% to $20.8M; revenue falls 47% on fewer lots sold","bullets":["Diluted EPS $0.42 vs $0.81 YoY; net income $20.8M; revenue $216.7M (down 47%).","Lots sold dropped 50% to 2,263; gross profit margin improved 390 bps to 21.9%.","Pre-tax profit margin 12.9%; return on equity 13.9% (up 70 bps).","Total liquidity $582.6M; net debt-to-capital improved 520 bps to 28.7%.","Book value per share $24.50 (up 15%); no annual guidance provided due to uncertainty."],"urls":{"canonical":"https://secwatch.observer/filing/0001406587-23-000006","json":"https://secwatch.observer/filing/0001406587-23-000006.json","markdown":"https://secwatch.observer/filing/0001406587-23-000006.md","text":"https://secwatch.observer/filing/0001406587-23-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1406587/000140658723000006/0001406587-23-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1406587/000140658723000006/for-20230124.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T10:40:03.708196+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"371f5728e8b2c74fb2037ceb4d3c707de274e6c1","claim":"Forestar Group Inc. reported first quarter ended December 31, 2022 results: revenue $216.7 million, net income $20.8 million, EPS $0.42 per diluted share.","evidence_excerpt":"Net income attributable to Forestar for the first quarter of fiscal 2023 decreased 49% to $20.8 million, or $0.42 per diluted share, compared to $40.5 million, or $0.81 per diluted share, in the same quarter of fiscal 2022. Pre-tax income for the quarter decreased 48% to $27.9 million from $53.5 million in the same quarter of fiscal 2022. Revenues for the quarter decreased 47% to $216.7 million from $407.6 million in the same quarter of fiscal 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1406587/000140658723000006/0001406587-23-000006-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended December 31, 2022"},{"label":"Revenue","value":"$216.7 million"},{"label":"Net income","value":"$20.8 million"},{"label":"EPS","value":"$0.42 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}