Forward Air (FWRD) Earnings Date, Estimates & Call Transcripts

$23.30
-0.70 (-2.92%)
(As of 04/24/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 6Estimated
Actual EPS
(Feb. 29)
$0.81 Missed By -$0.16
Consensus EPS
(Feb. 29)
$0.97
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FWRD Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

FWRD Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Forward Air Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$1.74$1.74$1.74 
Q2 20241$1.82$1.82$1.82 
Q3 20241$1.87$1.87$1.87 
Q4 20241$1.90$1.90$1.90 
FY 20244$7.33$7.33 $7.33

FWRD Earnings Date and Information

Forward Air last posted its earnings data on February 29th, 2024. The transportation company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.97 by $0.16. The firm earned $338.43 million during the quarter, compared to the consensus estimate of $406.96 million. Its quarterly revenue was down 16.0% on a year-over-year basis. Forward Air has generated $6.42 earnings per share over the last year ($6.42 diluted earnings per share) and currently has a price-to-earnings ratio of 3.6. Earnings for Forward Air are expected to grow by 155.36% in the coming year, from $0.56 to $1.43 per share. Forward Air has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Monday, May 6th, 2024 based off prior year's report dates.

Forward Air Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/6/2024
Estimated)
------- 
2/29/2024Q4 2023$0.97$0.81($0.16)($2.31)$406.96 million$338.43 million    
10/31/2023Q3 2023$1.10$0.99($0.11)$1.62$420.04 million$413.45 million    
8/3/2023Q2 2023$1.28$0.91($0.37)$1.06$444.15 million$402.18 million    
5/1/2023Q1 2023$1.30$1.37+$0.07$1.37$460.54 million$427.07 million    
2/9/2023Q4 2022$1.95$1.65($0.30)$1.70$501.18 million$481.20 million    
10/26/2022Q3 2022$1.90$1.93+$0.03$1.93$504.42 million$510.02 million    
7/27/2022Q2 2022$2.02$2.04+$0.02$2.04$515.72 million$515.22 million    
4/27/2022Q1 2022$1.52$1.57+$0.05$1.57$453.60 million$466.96 million    
2/9/2022Q4 2021$1.28$1.40+$0.12$1.32$439.13 million$459.93 million    
10/26/2021Q3 2021$1.07$1.14+$0.07$1.42$423.53 million$419.63 million    
7/28/2021Q2 2021$0.97$1.11+$0.14$1.11$390.90 million$420.67 million    
4/28/2021Q1 2021$0.56$0.40($0.16)$0.80$341.37 million$362.20 million  

Forward Air Earnings - Frequently Asked Questions

When is Forward Air's earnings date?

Forward Air has not confirmed its next earnings publication date, but the company's estimated earnings date is Monday, May 6th, 2024 based off last year's report dates. Learn more on FWRD's earnings history.

Did Forward Air beat their earnings estimates last quarter?

In the previous quarter, Forward Air (NASDAQ:FWRD) missed the analysts' consensus estimate of $0.97 by $0.16 with a reported earnings per share (EPS) of $0.81. Learn more on analysts' earnings estimate vs. FWRD's actual earnings.

How can I listen to Forward Air's earnings conference call?

The conference call for Forward Air's latest earnings report can be listened to online. Listen to Conference Call

How can I read Forward Air's conference call transcript?

The conference call transcript for Forward Air's latest earnings report can be read online. Read Transcript

How much revenue does Forward Air generate each year?

Forward Air (NASDAQ:FWRD) has a recorded annual revenue of $1.37 billion.

How much profit does Forward Air generate each year?

Forward Air (NASDAQ:FWRD) has a recorded net income of $167.35 million. FWRD has generated $6.42 earnings per share over the last four quarters.

What is Forward Air's price-to-earnings ratio?

Forward Air (NASDAQ:FWRD) has a trailing price-to-earnings ratio of 3.63 and a forward price-to-earnings ratio of 41.61.

What is Forward Air's EPS forecast for next year?

Forward Air's earnings are expected to grow from $0.56 per share to $1.43 per share in the next year, which is a 155.36% increase.


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This page (NASDAQ:FWRD) was last updated on 4/25/2024 by MarketBeat.com Staff

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