Forward Air (FWRD) Reports Q2 Earnings: What Key Metrics Have to Say

For the quarter ended June 2025, Forward Air (FWRD) reported revenue of $618.84 million, down 3.9% over the same period last year. EPS came in at -$0.41, compared to -$23.29 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $637.67 million, representing a surprise of -2.95%. The company delivered an EPS surprise of -141.18%, with the consensus EPS estimate being -$0.17.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Forward Air performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Operating Revenues- Expedited Freight: $257.7 million versus the two-analyst average estimate of $271.5 million. The reported number represents a year-over-year change of -11.5%.
• Operating Revenues- Eliminations and other operations: $-26.17 million compared to the $-20 million average estimate based on two analysts.
• Operating Revenues- Omni Logistics: $328.32 million compared to the $331.6 million average estimate based on two analysts. The reported number represents a change of +5.3% year over year.
• Operating Revenues- Intermodal: $59.15 million compared to the $64.3 million average estimate based on two analysts. The reported number represents a change of -0.3% year over year.

View all Key Company Metrics for Forward Air here>>>

Shares of Forward Air have returned +10.5% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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