Q3 FY2026 EarningsFY26 Q3 missed consensus across top and bottom-line metrics: revenue of $407.0M was 7.02% below the $437.7M expected, and EPS of $0.70 missed the $0.81 consensus. Gross margin of 20.66% came in lower than the 21.15% estimate, hampered by elevated development costs and municipal approval delays. While lot sales volume grew 1.5% YoY, a regional shift in mix and lower lot banking activity constrained total revenue growth, though the company maintained a strong liquidity position with $1.1B in total available capital.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Forestar(FOR) the Revenue is 407 M (+4.23%), Miss estimate;the EBIT is 45.8 M (+8.27%), Miss estimate;the EPS is 0.7 (+7.69%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.41B4.23%
0.44B12.10%
-0.03B7.87%
EBITMiss expectations
0.05B8.27%
0.05B26.70%
-0.01B18.43%
EPSMiss expectations
0.77.69%
0.8124.62%
-0.110016.93%
Upcoming earnings report - Q4 FY2026
Available dateOct 29, 2026
Estimate Revenue$605.89 M
Estimate EBIT$85.08 M
Estimate EPS$1.2566
Revenue
ActualEstimateUnit: USD
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EBIT
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Net income
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EPS
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