Forestar Historical Income Statement
FOR Stock | USD 33.57 1.24 3.84% |
Historical analysis of Forestar income statement accounts such as Total Revenue of 1.7 B or Gross Profit of 367.2 M can show how well Forestar Group performed in making a profits. Evaluating Forestar income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Forestar's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Forestar Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Forestar Group is a good buy for the upcoming year.
Forestar |
About Forestar Income Statement Analysis
Forestar Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Forestar shareholders. The income statement also shows Forestar investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Forestar Income Statement Chart
Forestar Group Income Statement is one of the three primary financial statements used for reporting Forestar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Forestar Group revenue and expense. Forestar Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Forestar's Net Income is relatively stable compared to the past year. As of 05/03/2024, Income Tax Expense is likely to grow to about 66.1 M, while Interest Expense is likely to drop slightly above 1.1 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Forestar Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Forestar Group. It is also known as Forestar overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Forestar's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Forestar Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forestar Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. At this time, Forestar's Net Income is relatively stable compared to the past year. As of 05/03/2024, Income Tax Expense is likely to grow to about 66.1 M, while Interest Expense is likely to drop slightly above 1.1 M.
Forestar income statement Correlations
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Forestar Account Relationship Matchups
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Forestar income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 6.7M | 4.9M | 2.7M | 3M | 3.5M | 3.3M | |
Interest Expense | 5.5M | 4.9M | 1.2M | 1M | 1.2M | 1.1M | |
Total Revenue | 931.8M | 1.3B | 1.5B | 1.4B | 1.7B | 1.7B | |
Gross Profit | 118.1M | 229.2M | 324M | 304.1M | 349.7M | 367.2M | |
Other Operating Expenses | 859.4M | 1.2B | 1.3B | 1.2B | 1.4B | 1.5B | |
Operating Income | 72.4M | 160.8M | 230.4M | 204.8M | 235.5M | 247.3M | |
Ebit | 67.4M | 173.7M | 224.5M | 204.8M | 235.5M | 247.3M | |
Ebitda | 72.3M | 176.4M | 227.2M | 207.8M | 239.0M | 250.9M | |
Total Operating Expenses | 45.7M | 68.4M | 93.6M | 97.7M | 112.4M | 59.2M | |
Income Before Tax | 78.1M | 146.6M | 235.8M | 221.6M | 254.8M | 267.6M | |
Total Other Income Expense Net | 800K | (15.4M) | 4.4M | 1.6M | 1.8M | 1.7M | |
Net Income | 60.8M | 110.2M | 178.8M | 166.9M | 191.9M | 201.5M | |
Income Tax Expense | 16.4M | 36.1M | 57M | 54.7M | 62.9M | 66.1M | |
Selling General Administrative | 45.7M | 68.4M | 93.6M | 97.7M | 112.4M | 118.0M | |
Cost Of Revenue | 813.7M | 1.1B | 1.2B | 1.1B | 1.3B | 1.4B | |
Net Income Applicable To Common Shares | 60.8M | 110.2M | 178.8M | 166.9M | 191.9M | 201.5M | |
Minority Interest | 1.2M | 600K | 900K | (300K) | (100K) | 0.0 | |
Net Income From Continuing Ops | 61.7M | 110.5M | 178.8M | 166.9M | 191.9M | 201.5M | |
Tax Provision | 16.4M | 36.1M | 57M | 54.7M | 62.9M | 66.1M | |
Interest Income | 5.6M | 1.2M | 1M | 13.6M | 12.2M | 6.7M | |
Net Interest Income | 4.9M | 1.2M | 1M | 13.6M | 15.6M | 16.4M |
Forestar Investors Sentiment
The influence of Forestar's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Forestar. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Forestar's public news can be used to forecast risks associated with an investment in Forestar. The trend in average sentiment can be used to explain how an investor holding Forestar can time the market purely based on public headlines and social activities around Forestar Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Forestar's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Forestar's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Forestar's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Forestar.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Forestar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Forestar's short interest history, or implied volatility extrapolated from Forestar options trading.
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Is Forestar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forestar. If investors know Forestar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forestar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.652 | Earnings Share 4.03 | Revenue Per Share 31.117 | Quarterly Revenue Growth 0.107 | Return On Assets 0.0625 |
The market value of Forestar Group is measured differently than its book value, which is the value of Forestar that is recorded on the company's balance sheet. Investors also form their own opinion of Forestar's value that differs from its market value or its book value, called intrinsic value, which is Forestar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forestar's market value can be influenced by many factors that don't directly affect Forestar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forestar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forestar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forestar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.