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Forward Air Q4 2022 Earnings Report

Forward Air logo
$31.41 -0.68 (-2.12%)
(As of 05:45 PM ET)

Forward Air EPS Results

Actual EPS
$1.65
Consensus EPS
$1.95
Beat/Miss
Missed by -$0.30
One Year Ago EPS
$1.40

Forward Air Revenue Results

Actual Revenue
$481.20 million
Expected Revenue
$501.18 million
Beat/Miss
Missed by -$19.98 million
YoY Revenue Growth
+4.60%

Forward Air Announcement Details

Quarter
Q4 2022
Time
After Market Closes

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Forward Air Earnings Headlines

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About Forward Air

Forward Air (NASDAQ:FWRD), together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.

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