Core Insights - Forward Air (FWRD) is projected to report a quarterly loss of -$0.17 per share, marking a significant increase of 99.3% compared to the same period last year [1] - Analysts forecast revenues of $637.67 million, reflecting a slight decline of 0.9% year over year [1] - There has been no revision in the consensus EPS estimate for the quarter over the past 30 days, indicating stability in analysts' projections [1] Revenue Estimates - 'Operating Revenues- Expedited Freight' is expected to be $271.50 million, showing a year-over-year decline of 6.8% [4] - 'Operating Revenues- Omni Logistics' is projected to reach $331.60 million, indicating a year-over-year increase of 6.3% [4] - 'Operating Revenues- Intermodal' is anticipated to be $64.30 million, reflecting a year-over-year growth of 8.4% [4] Stock Performance - Forward Air shares have increased by 8.1% over the past month, outperforming the Zacks S&P 500 composite, which rose by 1.2% [5] - The company holds a Zacks Rank 2 (Buy), suggesting it is expected to outperform the overall market in the near future [5]
Unlocking Q2 Potential of Forward Air (FWRD): Exploring Wall Street Estimates for Key Metrics