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-0.00064766839378237 0.00712435233160618 0.00420984455958546 0.00388601036269422 -0.00064766839378237 0.0113341968911916 0.00582901554404144 0.00906735751295329
Stock impact report

Forward Air ups Q1 EBITDA forecast [Yahoo! Finance]

Forward Air Corporation (FWRD) 
Last forward air corporation earnings: 4/30 04:27 pm Check Earnings Report
US:NASDAQ Investor Relations: forwardair.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
The Greeneville, Tennessee-based expedited trucking and freight forwarding company said consolidated revenue for the period should be in a range of $611 million to $615 million with operating income of $2 million to $6 million. The company generated revenue of $542 million in the 2024 first quarter ($624 million including the full three-month contribution from the Omni Logistics acquisition , which closed in late January 2024). Adjusted earnings before interest, taxes, depreciation and amortization was raised on Monday to a range of $66 million to $70 million versus the prior guidance of $54 million to $59 million. Shares of Forward ( NASDAQ: FWRD ) were up 0.9% in early trading on Monday compared to the S&P 500, which was off 2.1%. The stock is down 51% on the year and 86% since the controversial merger was announced in August 2023 The Monday update didn't reference liquidity, which was forecast on April 9 to increase $10 million sequentially from the fourth quarter to $392 mi Show less Read more
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