Forestar reports fourth quarter and fiscal 2024 results

Arlington, texas--(business wire)---- $for--forestar group inc. (“forestar”) (nyse: for), a leading national residential lot developer, today reported financial results for its fourth quarter and fiscal year ended september 30, 2024. fiscal 2024 fourth quarter highlights all comparisons are year-over-year net income increased 13% to $81.6 million or $1.60 per diluted share pre-tax income increased 14% to $108.5 million, with a pre-tax profit margin of 19.7% revenues of $551.4 million on 5,374 lots sold.
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