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Forward Air (FWRD) Reports Q1 Loss, Lags Revenue Estimates
Forward AirForward Air(US:FWRD) ZACKSยท2025-05-07 22:21

Group 1 - Forward Air reported a quarterly loss of $1.59 per share, significantly worse than the Zacks Consensus Estimate of a loss of $0.47, and compared to a loss of $0.64 per share a year ago, indicating an earnings surprise of -238.30% [1] - The company posted revenues of $613.28 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.76%, and this represents an increase from year-ago revenues of $541.81 million [2] - Forward Air shares have declined approximately 48.1% since the beginning of the year, contrasting with the S&P 500's decline of -4.7% [3] Group 2 - The earnings outlook for Forward Air is currently unfavorable, with a Zacks Rank of 4 (Sell), suggesting that the shares are expected to underperform the market in the near future [6] - The current consensus EPS estimate for the upcoming quarter is -$0.05 on revenues of $650.93 million, and for the current fiscal year, it is -$0.35 on revenues of $2.63 billion [7] - The Transportation - Truck industry, to which Forward Air belongs, is currently ranked in the bottom 1% of over 250 Zacks industries, indicating a challenging environment for the company [8]