Forward Air (FWRD) Expected to Post Earnings on Wednesday

Forward Air (NASDAQ:FWRD) is expected to issue its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Forward Air to announce earnings of ($0.17) per share and revenue of $634.3680 million for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 4:30 PM ET.

Forward Air (NASDAQ:FWRD) last posted its earnings results on Thursday, May 7th. The transportation company reported ($1.09) EPS for the quarter, missing the consensus estimate of ($0.35) by ($0.74). The business had revenue of $582.05 million during the quarter, compared to analyst estimates of $620.23 million. Forward Air had a negative net margin of 3.71% and a negative return on equity of 41.21%. The firm’s revenue was down 5.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($1.68) earnings per share. On average, analysts expect Forward Air to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Forward Air Stock Performance

Forward Air stock traded up $0.22 during mid-day trading on Tuesday, hitting $14.89. 189,826 shares of the company’s stock traded hands, compared to its average volume of 970,957. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 13.98. Forward Air has a one year low of $7.86 and a one year high of $32.00. The firm has a 50 day moving average price of $13.06 and a 200 day moving average price of $18.23. The company has a market cap of $470.82 million, a PE ratio of -5.07 and a beta of 1.36.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on FWRD. Susquehanna lowered their price target on Forward Air from $42.00 to $18.00 and set a “positive” rating on the stock in a report on Friday, May 8th. Stifel Nicolaus set a $19.00 price objective on shares of Forward Air in a report on Tuesday, July 21st. Zacks Research raised shares of Forward Air from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Forward Air in a research report on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $18.50.

Institutional Investors Weigh In On Forward Air

Several large investors have recently modified their holdings of FWRD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Forward Air by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,875 shares of the transportation company’s stock valued at $299,000 after purchasing an additional 624 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Forward Air by 7.0% in the 1st quarter. AQR Capital Management LLC now owns 10,009 shares of the transportation company’s stock valued at $201,000 after purchasing an additional 654 shares during the period. LPL Financial LLC raised its holdings in shares of Forward Air by 1.5% in the 4th quarter. LPL Financial LLC now owns 43,228 shares of the transportation company’s stock worth $1,081,000 after buying an additional 655 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of Forward Air by 5.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 15,436 shares of the transportation company’s stock worth $379,000 after buying an additional 762 shares in the last quarter. Finally, Logan Capital Management Inc. lifted its position in shares of Forward Air by 11.7% during the 3rd quarter. Logan Capital Management Inc. now owns 7,575 shares of the transportation company’s stock worth $194,000 after buying an additional 791 shares during the period. 97.03% of the stock is owned by institutional investors.

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.