Forestar Group: Overview of First Quarter Financial Results

Forestar Group Inc. Announces First Quarter Financial Results

Forestar Group Inc., headquartered in Arlington, Texas, has announced a net income of $15.4 million for its fiscal first quarter.

Earnings for the quarter equated to $0.30 per share.

The company, which specializes in real estate and natural resources development, reported total revenues of $273 million during this period.