ARLINGTON, Texas (AP) — ARLINGTON, Texas (AP) — Forestar Group Inc. (FOR) on Tuesday reported profit of $32.1 million in its fiscal second quarter.

The Arlington, Texas-based company said it had net income of 63 cents per share.

The real estate and natural resources developer posted revenue of $374.3 million in the period.

Forestar Group expects full-year revenue in the range of $1.6 billion to $1.7 billion.