Forward Air (FWRD) Warns for Q3
Tweet
Share
E-mailGet Alerts FWRD Hot Sheet
Price: $13.75 +1.48%
Financial Fact:
Other operating expenses: 23.45M
Today's EPS Names:
UBAB, LOAN, FITB, More
Financial Fact:
Other operating expenses: 23.45M
Today's EPS Names:
UBAB, LOAN, FITB, More
Join SI Premium – FREE
Forward Air Corp (NASDAQ: FWRD) lowered third quarter. Income per diluted share, which was originally estimated to be between $0.47 and $0.51 per share, is now expected to be between $0.39 and $0.41 per share. This compares to $0.44 per share in the third quarter of 2011. The consensus is $0.49.
Bruce A. Campbell, Chairman, President, and CEO, commenting on the announcement said, "After a surprisingly strong start to the quarter, our airport-to-airport daily tonnage volumes became inconsistent in August as compared to the prior year and turned negative this past week. The strong end of the quarter airport-to-airport volumes that we need to achieve our previously provided guidance simply isn't materializing."
Bruce A. Campbell, Chairman, President, and CEO, commenting on the announcement said, "After a surprisingly strong start to the quarter, our airport-to-airport daily tonnage volumes became inconsistent in August as compared to the prior year and turned negative this past week. The strong end of the quarter airport-to-airport volumes that we need to achieve our previously provided guidance simply isn't materializing."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Netflix (NFLX) Tops Q2 EPS by 1c, Offers Guidance
- Rekor Systems reports preliminary Q2 2026 revenue of $12.6M
- United Airlines (UAL) Tops Q2 EPS by 14c, Offers Guidance
Create E-mail Alert Related Categories
Guidance, Hot GuidanceSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
