ARLINGTON, Texas (AP) _ Forestar Group Inc. (FOR) on Thursday reported fiscal third-quarter earnings of $10.1 million.

The Arlington, Texas-based company said it had profit of 21 cents per share. Earnings, adjusted for pretax gains, were 16 cents per share.

The real estate and natural resources developer posted revenue of $177.9 million in the period.

Forestar Group shares have dropped 18% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $17.15, a decrease of 11% in the last 12 months.

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

Automated Insights, source Associated Press News