Forward Air (FWRD) Misses Q3 EPS by 9c; Guides Q4 EPS Below Expectations
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Forward Air Corporation Reports Third Quarter 2015 Results
October 21, 2015 4:05 PM EDTTowne Air Integration Substantially Complete
GREENEVILLE, Tenn.--(BUSINESS WIRE)-- Forward Air Corporation (NASDAQ: FWRD) today reported operating revenue, income from operations, net income and diluted earnings per share for the three and nine months ended September 30, 2015.
Operating revenue for the quarter ended September 30, 2015 increased 22.6% to $247.1 million from $201.5 million for the same quarter in 2014. Income from operations was $24.6 million, compared to $26.9 million in the prior-year quarter. Net income during the period was $15.7 million compared to $16.7 million in the third quarter of 2014. Net income per diluted share for the third quarter of 2015 was... More
