Forward Air (FWRD) Reports Q2 Loss, Misses Revenue Estimates

Forward Air (FWRD) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to a loss of $23.29 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -141.18%. A quarter ago, it was expected that this contractor for the air cargo industry would post a loss of $0.47 per share when it actually produced a loss of $1.59, delivering a surprise of -238.3%. Over the last four ...