Forward Air (FWRD) Misses Q4 EPS by 4c, Revenues Beat

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Forward Air Corporation Reports Third Quarter 2018 Results

October 24, 2018 4:05 PM EDT

Reports record quarterly revenue and cash flow from operations

Reports record year-to-date financial results, including revenue, operating income, net income, EPS, EBITDA, cash flow from operations and free cash flow

Announces 20% dividend increase

GREENEVILLE, Tenn.--(BUSINESS WIRE)-- Forward Air Corporation (NASDAQ: FWRD) today reported financial results for the three and nine months ended September 30, 2018.

Revenue for the quarter ended September 30, 2018 increased 11.1% to $331.4 million from $298.3 million for the same quarter in 2017. Income from operations was $29.9 million... More