Forward Air (FWRD) Misses Q1 EPS by 11c

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Go back to Forward Air (FWRD) Misses Q1 EPS by 11c

Forward Air Corporation Reports First Quarter 2020 Results

April 30, 2020 4:27 PM EDT

Reports record first quarter revenue

Enhances liquidity and cost-control measures in response to COVID-19

GREENEVILLE, Tenn.--(BUSINESS WIRE)-- Forward Air Corporation (NASDAQ: FWRD) today reported financial results for the three months ended March 31, 2020.

Revenue for the three months ended March 31, 2020 increased 6.5% to $342.5 million from $321.5 million for the same period in 2019. Income from operations was $11.7 million compared to $24.7 million in the prior year period. Net income during the three months ended March 31, 2020 was $8.4 million compared to $18.4 million for the same... More