Edition:
United States

Forward Air Corp (FWRD.O)

FWRD.O on Nasdaq

47.32USD
2 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Forward Air Corporation to acquire Triumph
Monday, 29 Aug 2016 04:05pm EDT 

Forward Air Corp : Announces acquisition of Triumph . Triumph is expected to be accretive to Forward Air's earnings in 2016. . Purchase price was $10.1 million, and transaction was funded by forward air's cash reserves. .Acquired substantially all of assets of Triumph Transport, Inc. And Triumph Repair Service, Inc..  Full Article

Forward Air Corp reports Q2 2016 results
Thursday, 21 Jul 2016 04:05pm EDT 

Forward Air Corp : Forward air corporation reports second quarter 2016 results and quarterly cash dividend . Sees q3 2016 adjusted earnings per share $0.61 to $0.65 . Q2 adjusted earnings per share $0.57 . Q2 loss per share $0.33 . Q2 revenue $238.6 million versus i/b/e/s view $246.8 million . Sees q3 revenue up 1 to 5 percent . Q2 earnings per share view $0.58 -- Thomson Reuters I/B/E/S .Board of directors approved a stock repurchase authorization for up to three million shares of company's common stock.  Full Article

Forward Air says CFO Rodney Bell to retire
Thursday, 26 May 2016 07:00am EDT 

Forward Air Corp : After transitioning role, bell will remain at company through march 2017 in an advisory role .Forward air corporation svp and cfo rodney l. Bell to retire; michael j. Morris to fill role.  Full Article

Forward Air Corporation says declaration of quarterly cash dividend
Friday, 23 Oct 2015 11:08am EDT 

Forward Air Corporation:Declared a quarterly cash dividend of $0.12 per share of common stock.Payable to shareholders of record date as on November 23 and is expected to be paid on December 8.  Full Article

Forward Air Corp gives Q4 2015 guidance below analysts' estimates
Wednesday, 21 Oct 2015 04:05pm EDT 

Forward Air Corp:Anticipates Q4 2015 revenues to increase in a range of 18% to 21% over the comparable 2014 period.Expects Q4 2015 income per diluted share to be between $0.62 and $0.66 per share.Reported revenue of $214.1 million in Q4 2014.Q4 2015 revenue of $263.8 million and EPS of $0.68 - Thomson Reuters I/B/E/S.  Full Article

Forward Air Corp announces authorization and declaration of quarterly cash dividend
Thursday, 23 Jul 2015 12:55pm EDT 

Forward Air Corp:Declared a quarterly cash dividend of $0.12 per share of common stock.Payable to shareholders of record at the close of business on Aug. 24 and is expected to be paid on Sept. 8.  Full Article

Forward Air Corp gives Q3 2015 outlook below analysts' estimates; lowers FY 2015 EPS outlook
Tuesday, 21 Jul 2015 04:05pm EDT 

Forward Air Corp:Anticipates Q3 2015 revenues will increase in the range of 23% to 27% over the comparable Q3 2014.Expects Q3 2015 income per diluted share to be between $0.58 and $0.62 per share.Says reducing FY 2015 earnings guidance to a range of $2.15 to $2.25 per share.Reported revenue of $201.48 mln in Q3 2014.Q3 2015 revenue of $262.19 million and EPS of $0.67 - Thomson Reuters I/B/E/S.FY EPS of $2.43 - Thomson Reuters I/B/E/S.  Full Article

Forward Air Corp declares quarterly cash dividend
Monday, 27 Apr 2015 02:38pm EDT 

Forward Air Corp:Declares quarterly cash dividend of $0.12 per share of common stock.The dividend is payable to shareholders of record at the close of business on May 27, and is expected to be paid on June 12.  Full Article

Forward Air Corp gives Q2 2015 EPS guidance; revenue guidance above analysts estimates
Tuesday, 21 Apr 2015 04:05pm EDT 

Forward Air Corp:Anticipate Q2 2015 revenues will increase in the range of 27% to 31% over the comparable 2014 period.Expects Q2 2015 income per diluted share to be between $0.59 and $0.63 per share.Reported revenues of $197.42 mln for Q2 2014.Q2 2015 revenue of $236.53 million and EPS of $0.61- Thomson Reuters I/B/E/S.  Full Article

Forward Air Corporation closes acquisition of CLP Towne Inc
Monday, 9 Mar 2015 10:13am EDT 

Forward Air Corporation:Planned acquisition of CLP Towne Inc. (Towne) has formally closed.Acquired Towne for the aggregate purchase price of $125 mln, subject to an adjustment for working capital.Transaction was funded with proceeds from Forward Air's recently replaced credit facility.Excluding one-time deal-related costs, the transaction is expected to be accretive to 2015 earnings.Raymond James & Associates, Inc. served as financial advisor to Forward Air, SJ Consulting Group, Inc. provided transportation consulting services and Carlton Fields Jorden Burt, P.A. was legal advisor for the transaction.  Full Article

BRIEF-Forward Air Corporation announces 25 pct dividend increase

* Sets quarterly dividend of $0.15per share Source text for Eikon: Further company coverage: