Forestar Q3 net income down 15% to $32.9M; cuts FY lot delivery guidance

Forestar Group Inc.

2025-Q3 EPS reported $1.59 revenue$991,900,000

Net income $32.9M ($0.65 diluted EPS) vs. $38.7M ($0.76) YoY; pre-tax income down 16% to $43.6M.
Revenue up 23% to $390.5M; residential lots sold up 11% to 3,605 lots.
Lowers FY2025 lot delivery outlook to 14,500-15,000 from prior 15,000-15,500; revenue guidance unchanged at $1.50-$1.55B.
Owned and controlled 102,300 lots; 25,700 lots under contract (~$2.3B future revenue).
Liquidity of $792M; net debt to total capital ratio 28.9%.

item 2.02item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.