Forward Air (FWRD) Expected to Announce Earnings on Wednesday

Forward Air (NASDAQ:FWRD) will likely be announcing its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of ($0.35) per share and revenue of $622.2660 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, May 7, 2026 at 4:30 PM ET.

Forward Air (NASDAQ:FWRD) last announced its quarterly earnings results on Monday, February 23rd. The transportation company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.27) by ($0.01). Forward Air had a negative net margin of 4.32% and a negative return on equity of 42.67%. The business had revenue of $631.23 million for the quarter, compared to analyst estimates of $629.60 million. During the same period in the prior year, the business earned ($1.23) EPS. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. On average, analysts expect Forward Air to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Forward Air Trading Down 1.9%

FWRD stock opened at $22.41 on Wednesday. Forward Air has a one year low of $13.61 and a one year high of $32.47. The stock has a market cap of $707.04 million, a price-to-earnings ratio of -6.37 and a beta of 1.46. The company has a fifty day moving average price of $20.49 and a two-hundred day moving average price of $23.01. The company has a debt-to-equity ratio of 10.58, a current ratio of 1.22 and a quick ratio of 1.22.

Institutional Investors Weigh In On Forward Air

A number of hedge funds and other institutional investors have recently modified their holdings of FWRD. Invesco Ltd. grew its stake in shares of Forward Air by 20.8% in the fourth quarter. Invesco Ltd. now owns 268,960 shares of the transportation company’s stock valued at $6,724,000 after acquiring an additional 46,240 shares in the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in Forward Air in the 4th quarter worth about $36,000. SummitTX Capital L.P. bought a new stake in Forward Air in the 4th quarter valued at about $4,030,000. One68 Global Capital LLC bought a new stake in Forward Air in the 4th quarter valued at about $225,000. Finally, Inspire Investing LLC grew its position in shares of Forward Air by 6.0% during the 4th quarter. Inspire Investing LLC now owns 18,636 shares of the transportation company’s stock worth $466,000 after purchasing an additional 1,055 shares in the last quarter. Institutional investors and hedge funds own 97.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Forward Air in a research note on Tuesday, April 21st. Susquehanna reiterated a “positive” rating and issued a $42.00 price target on shares of Forward Air in a research note on Tuesday, February 24th. Stifel Nicolaus cut their price objective on shares of Forward Air from $31.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, April 16th. Finally, Zacks Research cut Forward Air from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 13th. Three equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to MarketBeat.com, Forward Air has a consensus rating of “Hold” and a consensus target price of $36.00.

Forward Air Company Profile

Forward Air Corporation is a leading North American provider of expedited ground transportation and related logistics services, specializing in time-sensitive shipments. The company offers a comprehensive suite of solutions including less-than-truckload (LTL) expedited freight, consolidation and distribution services, container drayage, and final-mile delivery. By integrating transportation management with warehousing, inventory control, and technology-driven tracking, Forward Air supports customers across a variety of industries such as manufacturing, retail, automotive and chemicals.

Founded in 1981 and headquartered in Greeneville, Tennessee, Forward Air has developed a broad network of service centers, terminals and rail ramps throughout the United States, Canada and Puerto Rico.