secwatch.observer — SEC 8-K summary
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Issuer:     Forestar Group Inc. (FOR)
CIK:        0001406587
Form:       8-K
Filed at:   2025-01-21T23:59:59+00:00
Accession:  0001406587-25-000002
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forestar Q1 net income down 57% to $16.5M; revenue $250.4M, lots sold 2,333
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- Net income $16.5M ($0.32 diluted EPS) vs $38.2M ($0.76) in prior-year quarter, down 57%.
- Revenue $250.4M on 2,333 lots sold, down 18% and 26% YoY, respectively.
- Amended credit facility: lender commitments increased to $640M, maturity extended to Dec 2029.
- Outlook reaffirms 16,000-16,500 lots and $1.6-1.65B revenue for fiscal 2025.
- Book value per share $31.84, up 13% YoY; return on equity 12.0% trailing twelve months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1406587/000140658725000002/0001406587-25-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1406587/000140658725000002/for-20250121.htm
  HTML page:      https://secwatch.observer/filing/0001406587-25-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer