Forward Air (FWRD) Misses Q4 EPS by 8c, Guidance Misses

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Forward Air Corporation Reports Fourth Quarter 2019 Results

February 6, 2020 4:05 PM EST

Reports record fourth quarter and full year revenue, cash flow from operations and free cash flow

Creates new Expedited Freight segment to reflect continued integration of the Companys Expedited LTL, Truckload and Final Mile operations

GREENEVILLE, Tenn.--(BUSINESS WIRE)-- Forward Air Corporation (NASDAQ: FWRD) today reported financial results for the three and twelve months ended December 31, 2019.

Revenue for the three months ended December 31, 2019 increased 7.0% to $381.5 million from $356.6 million for the same period of 2018. Income from operations was $32.9 million compared to... More