Forward Air (FWRD) is expected to report a Q2 loss of -$0.17 per share, up 99.3% YoY, and revenues of $637.67 million, down 0.9% YoY. Analysts predict 'Operating Revenues- Expedited Freight' at $271.50 million (-6.8% YoY), 'Operating Revenues- Omni Logistics' at $331.60 million (+6.3% YoY), and 'Operating Revenues- Intermodal' at $64.30 million (+8.4% YoY). The stock has a Zacks Rank #2 (Buy) and is expected to outperform the market.
Forward Air Corporation (FWRD) is expected to report a Q2 loss of -$0.17 per share, up 99.3% year-over-year (YoY), and revenues of $637.67 million, down 0.9% YoY. Analysts predict 'Operating Revenues- Expedited Freight' at $271.50 million (-6.8% YoY), 'Operating Revenues- Omni Logistics' at $331.60 million (+6.3% YoY), and 'Operating Revenues- Intermodal' at $64.30 million (+8.4% YoY) [2].
The stock is currently trading at a Zacks Rank #2 (Buy), indicating a strong buy recommendation from analysts. Despite the expected loss, the stock is expected to outperform the market due to its strategic growth plans and operational integration [2].
Forward Air has been in the spotlight due to its potential acquisition by private equity firms. Several firms have expressed interest in acquiring the company, with some bids reportedly rolling in [2]. The company has also been working on strategic alternatives to maximize shareholder value, including potential sales of the business [2].
The company's latest earnings call highlighted its strategic growth plans, including a target to reach $5 billion in revenue by 2030. Despite the challenges faced in Q2, the company remains focused on its long-term growth objectives [2].
The stock has seen significant volatility in recent months, with a 9.5% surge reported in July 2025 [2]. However, the company's performance has been mixed, with Q1 2025 earnings reporting a loss and lagging revenue estimates [2].
Forward Air's latest developments suggest a company in transition, with potential strategic changes and a focus on long-term growth. Despite the expected loss in Q2, the stock's strong analyst recommendation and potential acquisition interest indicate a positive outlook for the company's future performance.
References:
[1] https://www.marketscreener.com/news/apollo-global-management-reports-q2-adjusted-eps-of-1-92-ce7c5edbd18df125
[2] https://finviz.com/quote.ashx?t=FWRD
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