ARLINGTON, Texas (AP) — ARLINGTON, Texas (AP) — Forestar Group Inc. (FOR) on Tuesday reported net income of $87 million in its fiscal fourth quarter.
The Arlington, Texas-based company said it had net income of $1.70 per share.
The real estate and natural resources developer posted revenue of $670.5 million in the period.
For the year, the company reported profit of $167.9 million, or $3.29 per share. Revenue was reported as $1.66 billion.
_____
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
/A%20concept%20image%20of%20space_%20Image%20by%20Canities%20via%20Shutterstock_.jpg)
/A%20concept%20image%20of%20a%20flying%20car_%20Image%20by%20Phonlamai%20Photo%20via%20Shutterstock_.jpg)
