Recap: Forward Air Q3 Earnings

Recap: Forward Air Q3 Earnings

Forward Air FWRD reported its Q3 earnings results on Wednesday, October 26, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Forward Air beat estimated earnings by 1.58%, reporting an EPS of $1.93 versus an estimate of $1.9.

Revenue was up $90.40 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.29 which was followed by a 4.23% increase in the share price the next day.

Here's a look at Forward Air's past performance:

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.75 1.21 1.31 1.07
EPS Actual 2.04 1.57 1.40 1.14
Revenue Estimate 502.41M 445.63M 443.31M 424.42M
Revenue Actual 515.22M 466.96M 459.93M 419.62M

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.75 1.21 1.31 1.07
EPS Actual 2.04 1.57 1.40 1.14
Revenue Estimate 502.41M 445.63M 443.31M 424.42M
Revenue Actual 515.22M 466.96M 459.93M 419.62M

To track all earnings releases for Forward Air visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings