Forward Air (FWRD) Reports Q4 Loss, Beats Revenue Estimates

Forward Air (FWRD) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.69%. A quarter ago, it was expected that this contractor for the air cargo industry would post a loss of $0.13 per share when it actually produced a loss of $0.52, delivering a surprise of -300%.Over the last four quart ...