Forward Air raises Q2 EPS and revenue view above estimates

Jul. 19, 2022 4:58 AM ETForward Air Corporation (FWRD)By: Meghavi Singh, SA News Editor
  • In a regulatory filing, Asset-light freight and logistics company Forward Air (NASDAQ:FWRD) said it will report Q2 revenues of ~$515.0M, a slight increase above the high end of the 2022 second quarter revenue guidance range of $494.30M-$510.50M.
  • Q2 net income per diluted share in a range of $1.98 to $2.10 raised from prior guidance of from $1.59-$1.63 vs. consensus of $1.69.
  • The firm sees continued strong performance going into the Q3 and will elaborate further on the upcoming quarterly conference call scheduled for July 28, 2022.
  • The company expects to report its full Q2 2022 results following the close of market on July 27, 2022.

Recommended For You

Comments

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.