Forestar Group Q3 EPS $0.65 Misses $0.77 Estimate, Sales $390.500M Miss $397.500M Estimate

Forestar Group (NYSE:FOR) reported quarterly earnings of $0.65 per share which missed the analyst consensus estimate of $0.77 by 15.91 percent. This is a 14.47 percent decrease over earnings of $0.76 per share from the same period last year. The company reported quarterly sales of $390.500 million which missed the analyst consensus estimate of $397.500 million by 1.76 percent. This is a 22.64 percent increase over sales of $318.400 million the same period last year.