The market expects Forward Air (FWRD) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they mi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 Commission file number: 000-22490 OR Securities registered pursuant to Section 12(b) of the Act: | Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered | | --- | --- | --- | | Common Stock, $0.01 par value | FWRD | The Nasdaq Stock Market LLC | Securities registered p ...

Forward Air Corporation (NASDAQ:FWRD) Q4 2023 Earnings Call Transcript February 29, 2024 9:00 AM ET Company Participants Michael Hance - Interim CEO, Chief Legal Officer & Secretary Rebecca Garbrick - CFO & Treasurer Conference Call Participants Scott Group - Wolfe Research Bascome Majors - Susquehanna Tyler Brown - Raymond James Joe Hafling - Jefferies Christopher Kuhn - The Benchmark Company Matt Milask - Stifel Operator Good day, and welcome to the Forward Air Fourth Quarter and Full Year 2023 Earnings C ...

Forward Air (FWRD) reported $338.43 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 29.7%. EPS of $0.81 for the same period compares to $1.65 a year ago.The reported revenue represents a surprise of -15.20% over the Zacks Consensus Estimate of $399.07 million. With the consensus EPS estimate being $0.97, the EPS surprise was -16.49%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...

Forward Air (FWRD) came out with quarterly earnings of $0.81 per share, missing the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $1.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.49%. A quarter ago, it was expected that this contractor for the air cargo industry would post earnings of $1.10 per share when it actually produced earnings of $0.99, delivering a surprise of -10%.Over the last fo ...

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three and twelve months ended December 31, 2023 as presented in the tables below on a continuing operations basis (Final Mile is being reported as a discontinued operation). Michael Hance, Interim Chief Executive Officer said, “Execution of our revenue growth strategies in the fourth quarter led to positive volume trends and improved freight quality metri ...

NEWS RELEASE FORWARD AIR CORPORATION REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS Less-than-Truckload Volume Trending Positive Executing Comprehensive Ef orts to Integrate Omni Logistics Continued Strong Commitment to Delivering Exceptional Service to Customers GREENEVILLE, Tenn.- (BUSINESS WIRE) - February 28, 2024 - Forward Air Corporation (NASDAQ:FWRD) (the "Company", "we", "our", or "us") today reported financial results for the three and twelve months ended December 31, 2023 as presented in the ta ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 000-22490 FORWARD AIR CORPORATION (Exact name of registrant as specified in its charter) | Tennessee | 62-1120025 | | --- | --- | | (State or other jurisdiction of incorporatio ...

Forward Air Corporation (NASDAQ:FWRD) Q3 2023 Results Conference Call October 31, 2023 9:00 AM ET Company Participants Tom Schmitt - CEO Rebecca Garbrick - CFO Conference Call Participants Jack Atkins - Stephens Bascome Majors - Susquehanna Christopher Kuhn - Benchmark Company Bruce Chan - Stifel Nicolaus Scott Group - Wolfe Research Stephanie Moore - Jefferies Operator Thank you for joining Forward Air Corporation's Third Quarter 2023 Earnings Release Conference Call. Before we begin, I’d like to point o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 000-22490 FORWARD AIR CORPORATION (Exact name of registrant as specified in its charter) | Tennessee | 62-1120025 | | --- | --- | | (State or other jurisdiction of incorporation) | ...