Forward Air talks Omni integration, silent on rumors it's up for sale [Yahoo! Finance]
Forward Air Corporation (FWRD)
Last forward air corporation earnings: 4/30 04:27 pm
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US:NASDAQ Investor Relations:
forwardair.gcs-web.com/investor-overview
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Source: Yahoo! Finance
its legacy expedited less-than-truckload services with its acquired air and ocean freight forwarding business . During opening comments on a Monday evening call, management told analysts it would not comment on “rumors or speculation” that the company was up for sale following its publicly panned merger with Omni. When the deal was announced in August 2023, some shareholders were miffed they were cut out of a voting process and attempted to block the transaction in court . Since the January close, which added significant debt to Forward's balance sheet, activists have been calling for Forward's board to explore strategic alternatives including a sale of the company. The group is hoping that private ownership can fix Forward's balance sheet and allow the company to formulate a marketing strategy away from public scrutiny. Forward ( NASDAQ: FWRD ) reported a net loss of $2.62 per share for the third quarter. However, the result included a goodwill impairment charge as the acquired a
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FWRD
News
- Forward Air Raises $350,000 for Veterans at Annual Drive for Hope Golf Tournament [Yahoo! Finance]Yahoo! Finance
- Forward Air Raises $350,000 for Veterans at Annual Drive for Hope Golf TournamentBusiness Wire
- Story of the year … so far [Yahoo! Finance]Yahoo! Finance
- Forward Air Co. (NASDAQ: FWRD) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Forward Air names new chief commercial officer [Yahoo! Finance]Yahoo! Finance
FWRD
Earnings
- 11/4/24 - Miss
FWRD
Analyst Actions
- 10/21/24 - Stifel
FWRD
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form 424B3
- 11/8/24 - Form 8-K
- FWRD's page on the SEC website