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Forward Air Corp Issues Q4 2013 Guidance In Line With Analysts' Estimates

Monday, 21 Oct 2013 04:05pm EDT 

Forward Air Corp announced that for the fourth quarter of 2013, revenues will increase in the range of 17% to 21% over the comparable 2012 period. The Company estimate that approximately 9% of that growth will result from the TQI acquisition. The Company expect income per diluted share to be between $0.53 and $0.57 per share. The Company reported revenue of $155.53 million in the fourth quarter of 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $177.31 million and EPS of $0.55 for the fourth quarter of 2013. 

Company Quote

0.07 +0.13%
10:41am EST