FWRD Stock Recent News

Forward lost more than expected in the first quarter, weighed down by a controversial acquisition. The company has new management and great potential, but could be stuck in neutral for a while.

Forward Air (FWRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Goldman Sachs BDC (NYSE:GSBD) Q4 2023 Earnings Conference Call February 29, 2024 9:00 AM ET

Although the revenue and EPS for Forward Air (FWRD) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Forward Air (FWRD) came out with quarterly earnings of $0.81 per share, missing the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $1.65 per share a year ago.

Forward Air Corp. has acquired Omni Logistics, leading to concerns about debt and loss of ownership control for shareholders. The company's growth has declined due to supply chain issues and reduced consumer spending. Forward Air is positioned well in the LTL industry and has potential for long-term growth if the merger is successful.

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) will release its fourth quarter 2023 earnings after the market closes on Wednesday, February 21, 2024 and hold a conference call to discuss those results on the following day, Thursday, February 22, 2024 at 9:00 a.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com, or by dialing (877) 336-4440, Access Code: 5236215. Since we us.

Although the revenue and EPS for Forward Air (FWRD) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Forward Air (FWRD) came out with quarterly earnings of $0.99 per share, missing the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $1.93 per share a year ago.

An activist investor is calling on Forward to scrap its planned $3.2 billion acquisition and focus on internal improvements instead. The activist is also pushing to replace the CEO and some members of the board.