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NASDAQ:FWRD

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

$98.15
+0.88 (+0.90%)
(As of 06/1/2023 ET)
Compare
Today's Range
$96.09
$98.51
50-Day Range
$95.16
$111.50
52-Week Range
$84.04
$117.57
Volume
123,261 shs
Average Volume
170,379 shs
Market Capitalization
$2.55 billion
P/E Ratio
14.14
Dividend Yield
0.98%
Price Target
$118.20

Earnings Summary

Upcoming
Earnings Date
Jul. 26Estimated
Actual EPS
(May. 1)
$1.37 Beat By $0.07
Consensus EPS
(May. 1)
$1.30
Last Year's Q2 EPS
(4/27/2022)
$1.57
Skip Charts & View Estimated and Actual Earnings Data

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 Forecasts

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20231$1.31$1.31$1.31$1.30 - $1.34
Q2 20232$1.64$1.77$1.71$1.28 - $1.32
Q3 20232$1.78$1.85$1.82 
Q4 20232$1.85$1.88$1.87 
FY 20237$6.58$6.81$6.70 
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 issued its earnings results on May 1st, 2023. The transportation company reported $1.37 earnings per share for the quarter, beating analysts' consensus estimates of $1.30 by $0.07. The company earned $427.07 million during the quarter, compared to the consensus estimate of $460.54 million. Its revenue was down 8.5% on a year-over-year basis. Forward Air has generated $6.94 earnings per share over the last year ($6.94 diluted earnings per share) and currently has a price-to-earnings ratio of 14.1. Earnings for Forward Air are expected to grow by 13.85% in the coming year, from $5.92 to $6.74 per share. Forward Air has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, July 26th, 2023 based off prior year's report dates.

Forward Air Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/26/2023
(Estimated)
        
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    
10/26/20219/30/2021$1.07$1.14+$0.07$1.42$423.53 million$419.63 million    
7/28/20216/30/2021$0.97$1.11+$0.14$1.11$390.90 million$420.67 million    
4/28/20213/31/2021$0.56$0.40($0.16)$0.80$341.37 million$362.20 million  
2/10/202112/31/2020$0.73($0.17)($0.90)$1.27$417.75 million$350.34 million  
11/3/20209/30/2020$0.43$0.60+$0.17$0.62$327.50 million$331.99 million    
7/30/20206/30/2020$0.12$0.11($0.01)$0.55$276.98 million$281.68 million    
4/30/20203/31/2020$0.41$0.30($0.11)$0.30$341.30 million$342.50 million    
2/6/2020Q4 2019$0.93$0.85($0.08)$0.85$384.28 million$381.50 million  
10/24/2019Q3$0.78$0.78$0.78$354.91 million$361.70 million    
7/25/2019Q2$0.82$0.78($0.04)$1.00$348.07 million$345.76 million    
4/24/20193/31/2019$0.62$0.64+$0.02$0.64$324.22 million$321.47 million    
2/7/201912/31/2018$0.83$0.95+$0.12$0.95$347.16 million$356.60 million  
10/24/20189/30/2018$0.80$0.80$0.76$327.81 million$331.38 million  
7/25/2018Q2 2018$0.75$0.82+$0.07$0.82$314.08 million$330.30 million  
4/25/2018Q1 2018$0.57$0.60+$0.03$0.60$291.73 million$302.60 million  
2/7/2018Q4 2017$0.62$0.65+$0.03$0.12$301.47 million$306.10 million
10/25/2017Q3 2017$0.58$0.58$0.60$278.75 million$280.20 million
7/26/2017Q2 2017$0.58$0.64+$0.06$0.64$256.98 million$267.50 million
4/26/2017Q1 2017$0.41$0.47+$0.06$0.47$239.47 million$246.98 million
2/8/2017Q416$0.55$0.58+$0.03$0.74$256.53 million$264.80 million  
10/20/2016Q316$0.51$0.51$0.63$250.36 million$249.60 million  
7/21/2016Q216$0.58$0.57($0.01)$1.47$247.86 million$238.60 million  
4/21/2016Q116$0.43$0.43$0.43$228.13 million$229.50 million  
2/9/2016Q415$0.64$0.75+$0.11$0.77$258.40 million$256.40 million  
10/21/2015Q315$0.59$0.58($0.01)$0.66$249.44 million$247.10 million  
7/21/2015Q215$0.61$0.51($0.10)$0.64$249.27 million$249.70 million  
4/21/2015Q115$0.40$0.40$0.64$199.89 million$205.90 million  
2/10/2015Q414$0.56$0.55($0.01)$0.55$210.09 million$214.00 million  
10/23/2014Q314$0.59$0.54($0.05)$0.54$205.00 million$201.50 million  
7/22/2014Q214$0.55$0.55$0.55$197.42 million$193.90 million  
4/21/2014Q114$0.38$0.33($0.05)$0.33$171.66 million$171.60 million  
2/10/2014Q4 2013$0.55$0.50($0.05)$0.50$183.45 million$181.30 million  
10/21/2013Q3 2013$0.46$0.46$0.46$162.10 million$170.00 million  
7/18/2013Q2 2013$0.53$0.45($0.08)$0.45$169.09 million$159.80 million  
4/18/2013Q1 2013$0.39$0.36($0.03)$0.36$148.74 million$141.60 million  
2/11/2013Q4 2012$0.50$0.54+$0.04$157.98 million$155.50 million  
10/18/2012$0.40$0.41+$0.01
7/19/2012$0.46$0.48+$0.02
4/19/2012$0.34$0.35+$0.01
2/7/2012$0.50$0.50
10/19/2011$0.40$0.44+$0.04
7/20/2011$0.37$0.40+$0.03
4/20/2011$0.23$0.27+$0.04
2/14/2011$0.37$0.41+$0.04
10/20/2010Q3 2010$0.31$0.31$0.31
7/22/2010Q2 2010$0.23$0.27+$0.04$0.27
4/21/2010Q1 2010$0.12$0.12$0.12
2/8/2010Q4 2009$0.18$0.22+$0.04$0.22
10/21/2009Q3 2009$0.12$0.13+$0.01$0.13
7/20/2009Q2 2009$0.10$0.10$0.10
4/20/2009Q1 2009$0.04$0.04$0.19
2/9/2009Q4 2008$0.28$0.29+$0.01$0.29
10/20/2008Q3 2008$0.42$0.42$0.42
7/21/2008Q2 2008$0.41$0.42+$0.01$0.42
4/21/2008Q1 2008$0.35$0.35$0.35
2/11/2008Q4 2007$0.38$0.43+$0.05$0.43












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 Wednesday, July 26th, 2023 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) reported $1.37 earnings per share (EPS) to beat the analysts' consensus estimate of $1.30 by $0.07. 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 $1.97 billion.

How much profit does Forward Air generate each year?

Forward Air (NASDAQ:FWRD) has a recorded net income of $193.19 million. FWRD has generated $6.94 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 14.14 and a forward price-to-earnings ratio of 16.58.

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

Forward Air's earnings are expected to grow from $5.92 per share to $6.74 per share in the next year, which is a 13.85% increase.

More Earnings Resources from MarketBeat

This page (NASDAQ:FWRD) was last updated on 6/1/2023 by MarketBeat.com Staff

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