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Forward Air Q2 2023 Earnings Report

Forward Air logo
$33.89 +0.84 (+2.54%)
As of 01/17/2025 04:00 PM Eastern

Forward Air EPS Results

Actual EPS
$0.91
Consensus EPS
$1.28
Beat/Miss
Missed by -$0.37
One Year Ago EPS
$2.04

Forward Air Revenue Results

Actual Revenue
$402.18 million
Expected Revenue
$444.15 million
Beat/Miss
Missed by -$41.97 million
YoY Revenue Growth
-21.90%

Forward Air Announcement Details

Quarter
Q2 2023
Time
After Market Closes

Conference Call Resources

Conference Call Audio

Forward Air Earnings Headlines

Forward Air (NASDAQ:FWRD) Earns Hold Rating from Benchmark
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Benchmark Co. Keeps Their Hold Rating on Forward Air (FWRD)
Forward Air initiates review of strategic alternatives
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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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