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.
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.