Forward Air (FWRD) Tops Q3 EPS by 18c
Forward Air (NASDAQ: FWRD) reported Q3 EPS of $0.61, $0.18 better than the analyst estimate of $0.43. Revenue for the quarter came in at $332 million versus the consensus estimate of $322.27 million.
Tom Schmitt, Chairman, President and CEO, commenting on the Company's third quarter results said, “During the third quarter our teams did a great job of continuing to restore volumes in response to COVID-19. To support our efforts to grow our fleet and enhance our network capabilities, we implemented several pricing actions during the back half of the quarter which will drive continued improvements in our operational performance and shipment-level profitability.”
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