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Forward Air Q4 2023 Earnings Report

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$27.98 -2.37 (-7.79%)
As of 02/21/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Forward Air EPS Results

Actual EPS
$0.81
Consensus EPS
$0.97
Beat/Miss
Missed by -$0.16
One Year Ago EPS
$1.65

Forward Air Revenue Results

Actual Revenue
$338.43 million
Expected Revenue
$406.96 million
Beat/Miss
Missed by -$68.53 million
YoY Revenue Growth
-16.00%

Forward Air Announcement Details

Quarter
Q4 2023
Time
After Market Closes

FWRD Upcoming Earnings

Forward Air will be holding an earnings conference call on Wednesday, February 26 at 4:30 PM Eastern. Interested parties can register for or listen to the call.

Forward Air Earnings Headlines

Forward Air price target raised to $36 from $34 at Stifel
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Benchmark Co. Keeps Their Hold Rating on Forward Air (FWRD)
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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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