Why Forestar Group Stock Popped Today
Forestar Group (NYSE: FOR) wasn't exactly a stock market star on Tuesday, but it benefited from a burst of investor optimism. Following the release of the real estate developer's latest quarterly earnings report that morning, investors piled into the stock to push it to a more than 7% gain on the day. That compared rather well to the 0.2% bump of the S&P 500 (SNPINDEX: ^GSPC).
Forestar took the wraps off its fiscal fourth quarter of 2025 numbers, divulging that revenue leaped by almost 22% year over year to over $670 million. Headline net income, i.e., according to generally accepted accounting principles (GAAP), advanced at a 7% clip to $87 million, or $1.70 per share.
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Source Fool.com
