Forestar Group Q4 EPS $1.70 Beats $1.25 Estimate, Sales $670.500M Beat $556.590M Estimate

Forestar Group (NYSE:FOR) reported quarterly earnings of $1.70 per share which beat the analyst consensus estimate of $1.25 by 36.33 percent. This is a 12.58 percent increase over earnings of $1.51 per share from the same period last year. The company reported quarterly sales of $670.500 million which beat the analyst consensus estimate of $556.590 million by 20.47 percent. This is a 21.60 percent increase over sales of $551.400 million the same period last year.