---
schema_version: "secwatch.filing_event.v1"
accession: "0001406587-24-000082"
form_type: "8-K"
ticker: "FOR"
cik: "0001406587"
company_name: "Forestar Group Inc."
filed_at: "2024-07-18T23:59:59+00:00"
generated_at: "2026-05-31T19:36:11.286182+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Forestar Q3 net income $38.7M (-17% YoY); revenue $318.4M (-14% YoY); guidance narrowed, lot inventory up 40%

## Summary
- Net income $38.7M ($0.76 diluted EPS), down from $46.8M ($0.93) YoY; YTD net income up 29% to $121.8M.
- Revenue $318.4M on 3,255 lots sold (-15% lots YoY); YTD revenue $958.0M (+8% YoY).
- Pre-tax profit margin 16.2%; return on equity 13.8% (up 190 bps from 11.7% prior year).
- Owned and controlled lots up 40% to 102,100 lots; owned lots under contract represent ~$1.8B future revenue.
- Fiscal 2024 lot delivery guidance narrowed to 14,600-15,100 (from 14,500-15,500); revenue outlook unchanged $1.4-$1.5B.

## SEC filing metadata
- accession: 0001406587-24-000082
- form_type: 8-K
- ticker: FOR
- cik: 0001406587
- company_name: Forestar Group Inc.
- filed_at: 2024-07-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1406587/000140658724000082/0001406587-24-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1406587/000140658724000082/for-20240718.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001406587-24-000082
- JSON: https://secwatch.observer/filing/0001406587-24-000082.json
- Plain text: https://secwatch.observer/filing/0001406587-24-000082.txt

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