Forward Air (FWRD) Projected to Announce Quarterly Earnings on Wednesday

Posted by Stanley Muller on Jul 29th, 2026

Forward Air (NASDAQ:FWRD – Get Free Report) is expected to issue its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Forward Air to post earnings of ($0.17) per share and revenue of $634.3680 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, August 5, 2026 at 4:30 PM ET.

Forward Air (NASDAQ:FWRD – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The transportation company reported ($1.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.74). The firm had revenue of $582.05 million during the quarter, compared to analysts’ expectations of $620.23 million. Forward Air had a negative net margin of 3.71% and a negative return on equity of 41.21%. The company’s revenue for the quarter was down 5.1% on a year-over-year basis. During the same period in the prior year, the company posted ($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 Down 2.7%

NASDAQ:FWRD traded down $0.41 during trading hours on Wednesday, hitting $14.38. The company’s stock had a trading volume of 157,228 shares, compared to its average volume of 981,460. Forward Air has a 52-week low of $7.86 and a 52-week high of $32.00. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 13.98. The stock has a market capitalization of $454.54 million, a P/E ratio of -4.91 and a beta of 1.36. The stock has a fifty day moving average of $12.60 and a 200-day moving average of $18.59.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Forward Air during the 4th quarter worth approximately $36,000. Tower Research Capital LLC TRC boosted its position in shares of Forward Air by 207.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,600 shares of the transportation company’s stock worth $64,000 after buying an additional 1,753 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in Forward Air in the 4th quarter valued at about $74,000. Lazard Asset Management LLC acquired a new stake in Forward Air in the 2nd quarter valued at about $107,000. Finally, Raymond James Financial Inc. purchased a new position in Forward Air during the 2nd quarter valued at about $175,000. 97.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Check Out Our Latest Report on FWRD

About Forward Air

(Get Free Report)

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.