Forestar Q3 revenue misses amid cautious consumer sentiment
FOR•Overview
- U.S. residential lot developer's fiscal Q3 revenue rose 4% but missed analyst expectations
- Net income for fiscal Q3 grew 9% to $35.9 mln, with EPS at $0.70
- Company maintained fiscal 2026 guidance for lot deliveries and revenue
Outlook and result drivers
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Forestar maintains fiscal 2026 lot delivery guidance of 14,000 to 14,500 lots
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Company maintains fiscal 2026 revenue guidance of $1.6 bln to $1.7 bln
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Forestar cites continued affordability constraints and cautious consumer sentiment in current market
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CAPITAL DISCIPLINE - Co attributed results to disciplined capital management amid affordability constraints and cautious consumer sentiment
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LOT SALES PACE - Co said it is aligning the pace and price of lot sales with timing of investments and market demand
Key details and analyst coverage
| Metric | Beat/Miss | Actual | Consensus Estimate |
| Q3 Revenue |
