Here's What Key Metrics Tell Us About Forward Air (FWRD) Q4 Earnings

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 ...