Forward Air

Forward Air Corp. engages in the provision of less-than-truckload (LTL), truckload, intermodal and pool distribution services. It operates through the following segments: Expedited LTL and Intermodal. The Expedited LTL segment provides expedited regional, inter-regional and national LTL, final mile and truckload services. The Intermodal segment provides first and last-mile high value intermodal container drayage services to and from seaports and railheads. The company was founded by Scott M. Niswonger on October 23, 1981 and is headquartered in Greeneville, TN.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Forward Air (FWRD) reports record year with focus on high-value freight and strategic growth initiatives

Forward Air (FWRD) navigated challenges in Q4 with a focus on high-value freight and cost management. Optimistic outlook for 2023 with growth initiatives targeting EPS ahead of 2022. Mitigation strategies in place for challenges like fuel headwinds and GRI adjustments.

Forward Air revises 2023 expectations, sees growth opportunities ahead

Forward Air revised its 2023 performance expectations lower due to Q1 challenges but remains focused on strategic initiatives for growth.
Despite revenue and cost management challenges, the company is seeing positive outcomes from its Go Forward strategy and operational improvements.
With a conservative outlook for Q2 and confidence in navigating the freight recession, Forward Air is poised for future growth opportunities.

Forward Air shows resilience in tough freight market, eyes growth

Forward Air navigated challenges in the freight market with improved tonnage trends and a strategic focus on high-value freight and service excellence.
The company's emphasis on margin expansion, industry-leading service levels, and proactive volume guidance positions it well for growth opportunities amidst market uncertainties.
Despite ongoing challenges and the need for cautious guidance, Forward Air remains resilient and adaptive, leveraging its strengths to drive profitability and customer satisfaction.
Opportunities in industrial sectors, margin expansion efforts, and strategic growth initiatives offer Forward Air avenues for growth and market expansion in the upcoming quarters.

Forward Air reports Q3 turnaround in LTL performance and strategic growth plans

Forward Air's Q3 performance showed improvement in LTL operations and a commitment to organic growth strategies. Despite challenges with the Omni acquisition and legal issues, the company is focused on stability and clarity for stakeholders. Opportunities exist in strategically growing the LTL business and deploying capital for growth initiatives.

Forward Air reports Q4 earnings decline, focuses on deleveraging

Forward Air's Q4 performance reflected challenges from one-off costs related to the Omni acquisition but showcased positive operational trends in its core business segments.
The company's focus on deleveraging and cost synergies post-merger highlights a commitment to financial stability and operational efficiency.
While facing challenges in 2023, Forward Air remains optimistic about opportunities for revenue growth, cost savings, and customer retention post-acquisition.

Forward Air reports Q1 revenue growth amidst EBITDA decline

Forward Air faced challenges in Q1 due to weak freight environment and distractions but expressed optimism for future performance.
Revenue growth in the less-than-truckload business was a highlight, with progress in Omni integration and cost synergies.
Management's confidence in meeting financial covenants, generating positive cash flow, and controlling costs is notable.
Actions taken to improve liquidity, deleverage, and achieve positive cash flow in the second half of the year show a proactive approach.

Forward Air reports robust Q2 revenue growth and transformation goals

Forward Air's Q2 2024 performance reflects strong revenue growth and improved EBITDA, driven by the Omni acquisition.
While facing challenges such as impairment charges and cash flow usage, the company is focused on operational enhancements and cost reductions.
Opportunities lie in the company's transformation goals, with a clear path to achieving breakeven to positive cash flow and continued financial improvement.

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Forward Air Corp Top Buy As Demand For Delivery Increases

Forward Air Corporation (FWRD) CEO Thomas Schmitt on Q1 2020 Results - Earnings Call Transcript

Forward Air (FWRD) delivered earnings and revenue surprises of -26.83% and 0.35%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Forward Air (FWRD) Misses Q1 Earnings Estimates

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.

Earnings Preview: Forward Air (FWRD) Q1 Earnings Expected to Decline

Forward Air has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

Forward Air Enters Oversold Territory

Forward Air Corp (FWRD) CEO Thomas Schmitt on Q4 2019 Results - Earnings Call Transcript

Forward Air (FWRD) delivered earnings and revenue surprises of -8.60% and -0.72%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Forward Air (FWRD) Lags Q4 Earnings and Revenue Estimates

Forward Air (FWRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Is Forward Air (FWRD) a Solid Growth Stock? 3 Reasons to Think " Yes "

As of late, it has definitely been a great time to be an investor Forward Air.

Forward Air Shares March Higher, Can It Continue?

Forward Air Corporation (FWRD) CEO Tom Schmitt on Q3 2019 Results - Earnings Call Transcript

Forward Air Corp. (NASDAQ: FWRD) reported its third-quarter financial results after markets closed Oct.

Forward Air Steady Against Easier Comps

Forward Air (FWRD) delivered earnings and revenue surprises of 0.00% and 1.70%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Forward Air (FWRD) Matches Q3 Earnings Estimates

Forward Air has produced solid growth over the last decade with more growth expected.

Forward Air Is Reasonably Priced

Forward Air Corporation (FWRD) CEO Tom Schmitt on Q2 2019 Results - Earnings Call Transcript

Forward Air Corporation (NASDAQ: FWRD) reported second-quarter earnings after markets closed July 25.

Forward Air's Q2: Expedited LTL Steady As She Goes

Forward Air (FWRD) Reports Next Week: What to Know Ahead of the Release

Forward Air Corporation (FWRD) CEO Thomas Schmitt on Q1 2019 Results - Earnings Call Transcript

Expedited carrier Forward Air Corp. reported a 6.2 percent gain in first quarter operating revenue across its portfolio.

Forward Air Posts Record First Quarter In Various Metrics, Though Operating Income Lags

Forward Air Corp said late Monday it acquired last-mile provider FSA Logistix for $27 million in cash and for what Forward Air called "additional contingent consideration" based upon future revenue generation.

News for Forward Air Stock (FWRD)