Forward Air (FWRD) to Announce Quarterly Earnings on Wednesday

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

Forward Air (NASDAQ:FWRD) last released its quarterly earnings data on Thursday, May 7th. The transportation company reported ($1.09) earnings per share (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 return on equity of 41.21% and a negative net margin of 3.71%.Forward Air’s revenue was down 5.1% on a year-over-year basis. During the same period in the previous year, the company earned ($1.68) EPS. 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

NASDAQ:FWRD opened at $14.45 on Monday. The firm’s fifty day simple moving average is $12.94 and its 200 day simple moving average is $18.32. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 13.98. Forward Air has a twelve month low of $7.86 and a twelve month high of $32.00. The firm has a market capitalization of $457.08 million, a price-to-earnings ratio of -4.91 and a beta of 1.36.

Analyst Ratings Changes

A number of brokerages have weighed in 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 reiterated 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 reduced their price objective on shares of Forward Air from $42.00 to $18.00 and set a “positive” rating for the company in a report on Friday, May 8th. Three research 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. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $18.50.

Institutional Investors Weigh In On Forward Air

Several institutional investors and hedge funds have recently added to or reduced their stakes in FWRD. Invesco Ltd. boosted its holdings in Forward Air by 20.8% in the 4th quarter. Invesco Ltd. now owns 268,960 shares of the transportation company’s stock valued at $6,724,000 after purchasing an additional 46,240 shares during the period. Garton & Associates Financial Advisors LLC bought a new position in Forward Air in the fourth quarter valued at approximately $36,000. SummitTX Capital L.P. bought a new stake in shares of Forward Air in the 4th quarter valued at about $4,030,000. One68 Global Capital LLC bought a new stake in shares of Forward Air in the fourth quarter worth about $225,000. Finally, Inspire Investing LLC lifted its stake in Forward Air by 6.0% in the fourth quarter. Inspire Investing LLC now owns 18,636 shares of the transportation company’s stock valued at $466,000 after buying an additional 1,055 shares in the last quarter. 97.03% of the stock is currently owned by institutional investors and hedge funds.

About Forward Air

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.