{"schema_version":"secwatch.filing_event.v1","accession":"0001406587-23-000083","form_type":"8-K","ticker":"FOR","cik":"0001406587","company_name":"Forestar Group Inc.","filed_at":"2023-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.728935+00:00","generated_at":"2026-06-16T22:25:38.981276+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Forestar Q2 fiscal 2023 net income down 44% to $26.9M; revenue down 28% to $301.5M","bullets":["Net income $26.9M ($0.54 diluted EPS) vs $47.8M ($0.96); pre-tax profit margin 11.9%.","Revenue $301.5M on 2,979 lots sold, down 28% and 49% YoY respectively; $19.4M impairment charges.","Liquidity $654.1M including $286.7M cash; net debt-to-capital ratio improved 470 bps to 25.2%.","Book value per share $25.01, up 12% YoY; owned 57,800 lots with 9,100 fully developed.","No annual guidance due to market uncertainty; CEO cites transitioning housing market."],"urls":{"canonical":"https://secwatch.observer/filing/0001406587-23-000083","json":"https://secwatch.observer/filing/0001406587-23-000083.json","markdown":"https://secwatch.observer/filing/0001406587-23-000083.md","text":"https://secwatch.observer/filing/0001406587-23-000083.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1406587/000140658723000083/0001406587-23-000083-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1406587/000140658723000083/for-20230420.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T22:25:38.981276+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":"1ddacf811a606b2dd3b375de69c45c33f02bb51a","claim":"Forestar Group Inc. reported second quarter ended March 31, 2023 results: revenue $301.5 million, net income $26.9 million or $0.54 per diluted share, EPS $0.54 per diluted share.","evidence_excerpt":"attributable to Forestar totaled $26.9 million or $0.54 per diluted share • Pre-tax income of $35.9 million, with a pre-tax profit margin of 11.9% • Consolidated revenues of $301.5 million on 2,979 lots sold • Owned and controlled 76,400 lots • Return on equity of 11.7% for the trailing twelve months ended March 31, 2023 • Book value per share increased 12% to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1406587/000140658723000083/0001406587-23-000083-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended March 31, 2023"},{"label":"Revenue","value":"$301.5 million"},{"label":"Net income","value":"$26.9 million or $0.54 per diluted share"},{"label":"EPS","value":"$0.54 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"}