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Forward Air Corp. (FWRD)
NASDAQ:FWRD
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.27Last Year’s EPS
-23.29Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: -3.89%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a mix of positive and negative aspects. On the positive side, there were improvements in EBITDA, free cash flow, and specific segment performances like Intermodal. However, these were offset by revenue declines in the Expedited Freight segment and ongoing market uncertainties. While there were notable achievements, the challenges and uncertainties suggest a cautious outlook.Company Guidance
During the Forward Air's First Quarter 2025 earnings call, the company provided several key metrics and guidance for the future. They reported a consolidated EBITDA of $69 million, up from $63 million a year ago, maintaining the same level as the previous quarter. They achieved a 10.4% EBITDA margin for the quarter, improving by almost 400 basis points from the last quarter. Free cash flow was positive, and liquidity increased by $11 million to $393 million. The company aims to double its revenue from $2.5 billion to $5 billion over the next five years, contingent on a return to a normal freight environment. They are focused on integrating two legacy companies to streamline operations and support growth. Approximately 70% of their 2024 revenue was from ground transportation, and the company is working on improving the Expedited Freight segment's margin. They also plan to increase transparency by transitioning to reporting financial results by service.Increase in EBITDA and Free Cash Flow
Consolidated EBITDA reported at $69 million, up from $63 million a year ago. The last 12 months consolidated EBITDA was $313 million. Positive free cash flow generated, increasing liquidity by $11 million to $393 million.
Improvement in Expedited Freight Segment
Corrective pricing strategies led to an improvement in the Expedited Freight segment with an EBITDA margin of 10.4%, up almost 400 basis points from last quarter.
Growth in Intermodal Segment
Intermodal segment revenue increased by 11% to $62 million due to a 7.4% increase in revenue per shipment and a 2.9% increase in the number of shipments.
Sales and Revenue Transparency
Detailed revenue breakdown by service and region was provided, enhancing transparency into business operations. Approximately 70% of business was from ground transportation in North America.
FWRD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FWRD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $17.23 | $17.27 | +0.23% |
Feb 26, 2025 | $25.75 | $23.00 | -10.68% |
Nov 04, 2024 | $33.73 | $36.50 | +8.21% |
Aug 07, 2024 | $22.50 | $27.24 | +21.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Forward Air Corp. (FWRD) report earnings?
Forward Air Corp. (FWRD) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Forward Air Corp. (FWRD) earnings time?
Forward Air Corp. (FWRD) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FWRD EPS forecast?
FWRD EPS forecast for the fiscal quarter 2025 (Q2) is -0.27.