Earnings Summary

Forward Air Corp’s revenue fell -29.67% since last year same period to $338.43Mn in the Q4 2023. On a quarterly growth basis, Forward Air Corp has generated -18.13% fall in its revenue since last 3-months.

Forward Air Corp’s net profit fell -225.63% since last year same period to $-53.95Mn in the Q4 2023. On a quarterly growth basis, Forward Air Corp has generated -680.84% fall in its net profits since last 3-months.

Forward Air Corp’s net profit margin fell -278.63% since last year same period to -15.94% in the Q4 2023. On a quarterly growth basis, Forward Air Corp has generated -809.45% fall in its net profit margins since last 3-months.

Forward Air Corp’s price-to-earnings ratio after this Q4 2023 earnings stands at 14.63.

Forward Air Corp’s earning per share (EPS) estimates for the current quarter stand at -0.11 - a -111.22% fall from last quarter’s estimates.

Forward Air Corp’s earning per share (EPS) estimates for the current year stand at -0.11.

Forward Air Corp’s earning per share (EPS) fell -50.91% since last year same period to 0.81 in the Q4 2023. This indicates that the Forward Air Corp has generated -50.91% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Forward Air Corp’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Forward Air Corp’s return on equity (ROE) stands at 0.06.

Forward Air Corp declared 0.24 dividend per share during the earnings announcement for Q4 2023.