Forward Air Corporation, including its various subsidiaries, functions as a streamlined transportation and logistics enterprise throughout the United States and Canada, operating ...
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Est. EPS $0.12 · Revenue $677.45M · 2 analysts
Est. EPS $-0.13 · Revenue $648.58M · 2 analysts
Est. EPS $-0.83 · Revenue $2.57B · 2 analysts
Est. EPS $-0.17 · Revenue $609.65M · 1 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $2.5B | +0.8% | +15.6% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-107.8M | +86.8% | -504.0% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +20.5% | +49.2% | +477.6% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +1.5% | +103.4% | -951.7% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -4.3% | +86.9% | -422.4% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $15.3M | +113.6% | -120.9% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +0.6% | +113.5% | -118.0% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 1905.4% | +79.1% | -168.9% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 1.22x | -1.1% | +7.6% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $2.7B | -2.1% | -10.6% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -3.48 vs -1.01 | -245.9% | -6.38 vs -0.15 | -4059.6% |
| Revenue Surprise | $2.5B vs $2.5B | +0.1% | $673.0M vs $634.4M | +6.1% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Jun 18, 2026 | Svindland Paul C. | director | Common Stock | A | 9,545 | — |
| Jun 18, 2026 | Boyles Dale W | director | Common Stock | A | 9,545 | — |
| Jun 18, 2026 | Gorjanc Christine Marie | director | Common Stock | A | 9,545 | — |
| Jun 17, 2026 | Zhu Yanqing | officer: President, Asia Pacific | Common Stock | — | 0 | — |
| Jun 17, 2026 | Mendunekas Fabio de Moraes | officer: President, LATAM | Common Stock | — | 0 | — |
Operator: Welcome to Forward Air's First Quarter 2026 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Tony Carreño, Senior Vice President of Treasury and Investor Relations. Tony Carreño: Thank you, operator, and good afternoon, everyone. Welcome to Forward Air's first quarter earnings conference call. With us this afternoon are Shawn Stewart, President and Chief Executive Officer; and Jamie Pearson, Chief Financial Officer. By now, you should have received the press release announcing Forward Air's first quarter 2026 results, which was also furnished to the SEC on Form 8-K. We have also furnished a slide presentation outlining first quarter 2026 earnings highlights and a business update. Both the press release and a slide presentation for this call are accessible on the Investor Relations section of Forward Air's website at forwardair.com. Please be aware that certain statements in the company's earnings release announcement and on this conference call may be considered forward-looking statements. This includes statements which are based on expectations, intentions and projections regarding the company's future performance, anticipated events or trends and other matters that are not historical facts, including statements regarding our fiscal year 2026. These statements are not a guarantee of future performance and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. For additional information concerning these risks and factors, please refer to our filings with the SEC and the press release and slide presentation relating to this earnings call. Listeners are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this call. The company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law. During the call, there may also be discussion of financial metrics that do not conform to U.S. generally accepted accounting principles or GAAP. Management uses non-GAAP measures internally to understand, manage and evaluate our business and make operating decisions. Definitions and reconciliations of these non-GAAP measures to their most directly comparable GAAP measures are included in today's press release and slide presentation. I will now turn the call over to Shawn. Shawn Stewart: Good afternoon, everyone, and thank you for joining us. I appreciate your interest in Forward Air Corporation. There are 3 main topics that I'd like to cover on today's call. First, I will provide an update on the customer transition and our strategic alternatives review that we announced in our press release. Second, I will share some thoughts on our first quarter results and the logistics market in general. Third, I will comment on recent …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Shawn Stewart | President, Chief Executive Officer & Director | USD 1,523,319 | Male | 1974 | Active |
Jamie G. Pierson | Chief Financial Officer | USD 951,976 | Male | 1970 | Active |
Eric Brandt | Chief Commercial Officer | USD 804,076 | Male | 1982 | Active |
Michael L. Hance | Chief Legal Officer & Secretary | USD 763,519 | Male | 1972 | Active |
Lance Sons | Chief Information Officer | USD 499,448 | Male | — | Active |
Jérôme Jean-Pierre Lorrain | Executive Chairman | USD 469,619 | Male | 1977 | Active |
Douglas J. Smith | Chief People Officer | USD 414,299 | Male | 1970 | Active |
Fábio Mendunekas | President of Latin America (LATAM) | — | Male | — | Active |
Karl Khambatta | Chief Transformation Officer | — | Male | — | Active |
Anthony Carreno | Senior Vice President of Treasury & Investor Relations | — | Male | — | Active |
James R. Faught | Chief Accounting Officer | — | Male | 1981 | Active |
Timothy R. Osborne | President of U.S. & Canada Operations | — | Male | 1965 | Active |
Forward Air (FWRD) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
DALLAS--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today provided an update regarding ongoing discussions with one of its largest customers (the “Customer”). As previously disclosed on May 7, 2026, the Company has been engaged in discussions with the Customer regarding the Customer's planned transition of a portion of the services currently provided by the Company to other service providers as part of the Customer's operational and su.
On July 20, 2026, Forward Air Corp (FWRD) shares fell 3.9% today, closing at $13.20. The stock has experienced significant volatility, with a 52-week range betw
DALLAS--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) will release its second quarter 2026 earnings after the market closes on Wednesday, August 5, 2026, and hold a conference call to discuss those results at 4:30 p.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com or by dialing (800) 579-2543, Access Code: FWRDQ226. A conference call replay will be available on.
Forward Air offers a low-valuation entry into expedited logistics but carries significant debt and reported net losses in its most recent fiscal year. Old Dominion Freight Line maintains a debt-free balance sheet and high net margins despite broader economic headwinds facing the trucking industry.
