Forestar Group: Fiscal Q2 Earnings Snapshot

ARLINGTON, Texas (AP) _ Forestar Group Inc. (FOR) on Tuesday reported fiscal second-quarter earnings of $28.4 million.

On a per-share basis, the Arlington, Texas-based company said it had net income of 59 cents.

The real estate and natural resources developer posted revenue of $287.1 million in the period.

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Forestar Group shares have risen 22% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $24.60, a climb of 99% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FOR at https://www.zacks.com/ap/FOR

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