MARKET COMPOSITE
FWRD - Forward Air Corp.8:00:00 PM 3/28/2024
Price
$31.11
+ 1.11 (3.70%)
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United State and Canada. The company operates through three segments: Expedited Freight, Intermodal, and Pool Distribution. 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 final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. It also 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. The Pool segment offers pool distribution services comprising managing high-frequency handling and distribution of time-sensitive products to various destinations through a network of terminals. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue-904.3MM-319%
Operating Income-8MM-152%
Operating Expenses-896.3MM-
Net Income36.1MM-
Compensation33.2MM-62%
Interest Expense24MM-
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    GREENEVILLE, Tenn., March 21, 2024--Forward Air Corporation (NASDAQ: FWRD) ("Forward" or "the Company") is pleased to announce that four leaders have been recognized for outstanding achievements in their respective spaces.

    Forward Air Corporation (NASDAQ:FWRD) Q4 2023 Earnings Call Transcript February 29, 2024 Forward Air Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, and welcome to the Forward Air Fourth Quarter and Full Year 2023 Earnings Conference Call. […]

    Analysts didn’t get the level of detail they were hoping for Thursday during Forward Air’s first quarterly call since its messy merger with Omni Logistics. The post Forward Air’s Q4 call offers no financial targets after Omni merger appeared first on FreightWaves.

    Q4 and Full-Year 2023 Earnings Highlight LTL Growth and Omni Logistics Acquisition

    Forward Air’s fourth-quarter results sent shares lower in after-hours trading on Wednesday as investors hope a Thursday call will provide financial targets following a controversial merger. The post Investors await Forward Air’s Q4 call for post-merger goal posts appeared first on FreightWaves.

    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) delivered earnings and revenue surprises of -16.49% and 15.20%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

    GREENEVILLE, Tenn., February 28, 2024--Forward Air Corporation (NASDAQ:FWRD) (the "Company", "we", "our", or "us") today reported financial results for the three and twelve months ended December 31, 2023 as presented in the tables below on a continuing operations basis (Final Mile is being reported as a discontinued operation).

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