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Forward Air Operating Income Drops Nearly 34% in Q3
Forward Air's Q3 operating income dropped to $15 million amid a $18.3 million loss in Other Operations and ongoing strategic options including sale or merger.
Summary by truckingdive.com
3 Articles
3 Articles
Forward Air’s mantra – ‘trust the process’
A rather short call was held yesterday after the US market close between a management team of the two two exes leading distressed Forward Air and a handful analysts. The outcome? Trust the “process”. What? Trust the “process”, wherever it may lead Forward Air (FWRD). Stock market reaction? FWRD up +20% in after-hours trade, hitting $21… our base case just below $20 remains unchanged. For all the ups and downs of recent times, net leverage fell …
Coverage Details
Total News Sources3
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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