earnings
confidence high
sentiment positive
materiality 0.80
Forestar Q4 net income $81.6M ($1.60 EPS); FY revenue $1.5B; guides FY25 16,000-16,500 lots
Forestar Group Inc.
2024-FY EPS reported
$4.00
revenue$1,509,400,000
- Q4 net income +13% to $81.6M ($1.60 diluted EPS); pre-tax income $108.5M (margin 19.7%).
- FY net income +22% to $203.4M ($4.00 EPS); revenue +5% to $1.5B on 15,068 lots sold.
- Owned/controlled 95,100 lots; 36% of owned lots under contract (~$1.9B future revenue).
- FY2025 guidance: 16,000-16,500 lots delivered, revenue $1.6B-$1.65B.
- Return on equity 13.8% (up 60bps); book value per share $31.47 (+15%).