Mark your calendars for Monday 4th November 2024, as Forward Air Corporation (NASDAQ: FWRD) is set to unveil its third quarter financial results. This highly anticipated announcement will be made after market close, giving investors and market participants a chance to assess the company's financial performance.
Wall Street financial experts forecast that the business is set to announce an expected $0.16 loss per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $655.8 million for this particular period.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $0.99. This figure was attributed to the company's total revenue, which reached an impressive $413.45 million during that same period.
Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $2.5 billion. Additionally, they expect the company to report per share loss of $0.78 for the fiscal year.
FWRD has scheduled a conference call on 4th November 2024 at 04:30 PM eastern time to discuss the third quarter financial results and other related information.
Friday's trading saw Forward Air Corporation (FWRD) shares hit a low of $33.80 and a high of $35.78, with a day volume of 946.00 thousand shares. The stock closed the regular trading session at $34.24, showing 3.09 percent decline.
