Key Developments For Forward Air Corp
Forward Air Corp (FWRD.O) (Nasdaq)
Forward Air Corporation Announces Authorization And Declaration of Quarterly Cash Dividend
Forward Air Corporation announced that its Board of Directors has declared a quarterly cash dividend of $0.07 per share of common stock. The dividend is payable to shareholders of record at the close of business on November 22, 2009, and is expected to be paid on December 7, 2009.
Forward Air Corporation Issues Q4 2009 Outlook; Revenue Outlook Below Analysts' Estimates
Forward Air Corporation announced that for fourth quarter of 2009, it expects year-over-year decline in revenue in the range of 10%-15% and income per diluted share (EPS) to be between $0.15-$0.21. The Company reported revenues of $123 million in fourth quarter of 2008. According to Reuters Estimates, analysts were expecting the Company to report revenues of $112 million and EPS of $0.16 for the same period.
Forward Air Corporation Declares Quarterly Cash Dividend
Forward Air Corporation announced that its Board of Directors has declared a quarterly cash dividend of $0.07 per share of common stock. The dividend is payable to shareholders of record at the close of business on August 27, 2009, and is expected to be paid on September 11, 2009.
Forward Air Corporation Issues Q3 2009 Outlook Below Analysts' Estimates
Forward Air Corporation announced that for the third quarter of 2009, it anticipate a year-over-year decline in revenue in the range of 15% to 20% and income per diluted share (EPS) to be between $0.08 and $0.14 per share. The Company reported revenue of $121.48 million in the third quarter 2008. According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $0.16 on revenue of $112 million for the third quarter of 2009.
Forward Air Corporation Announces Authorization And Declaration Of Quarterly Cash Dividend
Forward Air Corporation announced that its Board of Directors has declared a quarterly cash dividend of $0.07 per share of common stock. The dividend is payable to shareholders of record at the close of business on May 25, 2009, and is expected to be paid on June 8, 2009.

