Forward Air (FWRD) Reports In-Line Q1 EPS, Offers Q2 Guidance

Forward Air (NASDAQ: FWRD) reported Q1 EPS of $0.40, in-line with the analyst estimate of $0.40. Revenue for the quarter came in at $205.9 million versus the consensus estimate of $199.89 million.

Forward Air sees Q2 2015 EPS of $0.59-$0.63, versus the consensus of $0.61.

Commenting on the Company’s guidance for the second quarter, Mr. Bell said, “We anticipate that our second quarter 2015 revenues will increase in the range of 27% to 31% over the comparable 2014 period. Without regard to additional costs of integration we expect income per diluted share to be between $0.59 and $0.63 per share. This compares to $0.55 per share in the second quarter of 2014.”

For earnings history and earnings-related data on Forward Air (FWRD) click here.

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