secwatch.observer — SEC 8-K summary
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Issuer:     Forestar Group Inc. (FOR)
CIK:        0001406587
Form:       8-K
Filed at:   2025-07-22T23:59:59+00:00
Accession:  0001406587-25-000071
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1406587/000140658725000071/0001406587-25-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1406587/000140658725000071/for-20250722.htm
  HTML page:      https://secwatch.observer/filing/0001406587-25-000071

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