Irenic Expresses Governance Concerns Pertaining to Forward Air Corporation |
NEW YORK--(BUSINESS WIRE)--Irenic Capital Management, LP (collectively with its affiliates, “Irenic” or “we”) today issued the below statement regarding Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”). Irenic intends to vote against certain legacy members of Forward Air's Board of Directors (the “Board”) at the 2025 Annual Meeting of Shareholders (“Annual Meeting”). "Based on Irenic's independent analysis, we agree with Ancora Holdings Group's decision to withhold suppor. |
businesswire.com |
2025-05-14 17:50:00 |
Czytaj oryginał (ang.) |
Forward Air Corporation (FWRD) Q1 2025 Earnings Call Transcript |
Forward Air Corporation (NASDAQ:FWRD ) Q1 2025 Results Conference Call May 7, 2025 4:30 PM ET Company Participants Tony Carreno - SVP, Treasury & Investor Relations Shawn Stewart - Chief Executive Officer Jamie Pierson - Chief Financial Officer Conference Call Participants Andrew Cox - Stifel Stephanie Moore - Jefferies Scott Group - Wolfe Research Bascome Majors - Susquehanna Christopher Kuhn - Benchmark Company Operator Welcome to the Forward Air's First Quarter 2025 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Tony Carreno, Senior Vice President of Treasury and Investor Relations. |
seekingalpha.com |
2025-05-07 23:58:19 |
Czytaj oryginał (ang.) |
Compared to Estimates, Forward Air (FWRD) Q1 Earnings: A Look at Key Metrics |
Although the revenue and EPS for Forward Air (FWRD) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2025-05-07 22:30:42 |
Czytaj oryginał (ang.) |
Forward Air (FWRD) Reports Q1 Loss, Lags Revenue Estimates |
Forward Air (FWRD) came out with a quarterly loss of $1.59 per share versus the Zacks Consensus Estimate of a loss of $0.47. This compares to loss of $0.64 per share a year ago. |
zacks.com |
2025-05-07 22:21:14 |
Czytaj oryginał (ang.) |
Will Forward Air (FWRD) Report Negative Earnings Next Week? What You Should Know |
Forward Air (FWRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-30 15:06:41 |
Czytaj oryginał (ang.) |
Why Forward Air Stock Had Some Serious Lift Today |
Next-generation logistics specialist Forward Air (FWRD 32.57%) delivered mightily for its investors Wednesday. |
fool.com |
2025-04-09 22:49:29 |
Czytaj oryginał (ang.) |
Forward Air Corporation Provides Select First Quarter 2025 Updates |
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “Forward Air”, “we”, “our”, or “us”) today reported preliminary financial results for the three months ended March 31, 2025 and an estimate of revenue from shipments that may be impacted by the tariffs under the International Emergency Economic Powers Act (“IEEPA”) order announced on April 2, 2025. For the three months ended March 31, 2025, preliminary Consolidated EBITDA, a non-GAAP measure calculated pu. |
businesswire.com |
2025-04-09 12:01:00 |
Czytaj oryginał (ang.) |
Why Transportation Stocks Are Falling Today |
A comprehensive overhaul of U.S. trade policy, including the introduction of broad tariffs on most of the world, is roiling markets on Thursday. Among the hardest-hit sectors are transportation companies, including Union Pacific (UNP -4.01%), Forward Air (FWRD -21.36%), and Zim Integrated Shipping Services (ZIM -14.32%), all losing ground. |
fool.com |
2025-04-03 16:30:49 |
Czytaj oryginał (ang.) |
Why Forward Air Stock Dropped on Thursday |
"Asset-light" transportation services provider Forward Air (FWRD -9.53%) stock came in light on earnings last night, and its stock is suffering -- down 6.8% through 10:05 a.m. ET Thursday morning. |
fool.com |
2025-02-27 12:41:50 |
Czytaj oryginał (ang.) |
Forward Air Corporation (FWRD) Q4 2024 Earnings Call Transcript |
Forward Air Corporation (NASDAQ:FWRD ) Q4 2024 Earnings Conference Call February 26, 2025 4:30 PM ET Company Participants Tony Carreno - SVP, Treasury & IR Shawn Stewart - CEO Jamie Pierson - CFO Conference Call Participants Andrew Cox - Stifel Bascome Majors - Susquehanna Joe Hafling - Jefferies Christopher Kuhn - Benchmark Company Operator Welcome to the Forward Air Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants have been placed in a listen-only mode and the floor will be open for your questions following the presentation. |
seekingalpha.com |
2025-02-27 02:21:09 |
Czytaj oryginał (ang.) |
3 Truck Stocks Worth Keeping An Eye On Despite Industry Pressure |
The Zacks Industry Rank for the Transportation-Truck industry paints a dull picture, mainly owing to the slowdown in freight demand. We believe stocks like ODFL, ARCB and FWRD are better positioned to escape industry challenges. |
zacks.com |
2025-02-25 13:15:32 |
Czytaj oryginał (ang.) |
Why UPS, Forward Air, and FedEx Stocks All Tumbled Today |
After months of threatening to levy tariffs on imports from countries he blames for facilitating the flood of fentanyl into the U.S., on Saturday, President Donald Trump did just that. He announced the imposition of new 25% tariffs on imports to the U.S. from its top two trading partners, Mexico and Canada. |
fool.com |
2025-02-03 15:29:00 |
Czytaj oryginał (ang.) |
Forward Air Corporation Announces Timing of Fourth Quarter and Full Year 2024 Earnings Release and Conference Call |
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) will release its fourth quarter and full year 2024 earnings after the market closes on Wednesday, February 26, 2025, and hold a conference call to discuss those results at 4:30 p.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com or by dialing (800) 445-7795, Access Code: FWRDQ424. A conference cal. |
businesswire.com |
2025-01-23 18:05:00 |
Czytaj oryginał (ang.) |
Forward Air Releases 2024 Environmental, Social and Governance Report |
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward”) announced today the release of its updated Environmental, Social and Governance (ESG) report, providing a detailed overview of its ESG commitments, goals and progress. The 2024 ESG report includes data that is aligned with the Sustainability Accounting Standards Board, Task Force on Climate-Related Financial Disclosures and Global Reporting Initiative guidance. The report and ESG website are accessible throu. |
businesswire.com |
2024-12-18 14:00:00 |
Czytaj oryginał (ang.) |
Forward Air Raises $350,000 for Veterans at Annual Drive for Hope Golf Tournament |
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) hosted the third annual Drive for Hope Golf Tournament November 11-12 at Chateau Elan Winery & Resort in Braselton, GA. Through its charitable platform, Operation Forward Freedom, the Company raised $350,000 to benefit Hope For The Warriors. Founded in 2006, Hope For The Warriors is a national nonprofit dedicated to restoring a foundation of stability, strength and community for post-9/1. |
businesswire.com |
2024-11-22 12:00:00 |
Czytaj oryginał (ang.) |
Forward Air Announces New Chief Commercial Officer |
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) today announced that Eric Brandt has joined the Company as Chief Commercial Officer to lead its strategic growth plan and business development efforts. Mr. Brandt brings a strong track record of driving profitable growth in the logistics space, holding leadership roles at Agility, Panalpina, Kraft Foods and most recently, CEVA Logistics, where he served as Executive Vice President of Busines. |
businesswire.com |
2024-11-06 18:01:00 |
Czytaj oryginał (ang.) |
Forward Air Corporation (FWRD) Q3 2024 Earnings Call Transcript |
Forward Air Corporation (NASDAQ:FWRD ) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Tony Carreño - SVP, Treasury and IR Shawn Stewart - CEO Jamie Pierson - CFO Conference Call Participants Bruce Chan - Stifel Joe Hafling - Jefferies Scott Group - Wolfe Research Bascome Majors - Susquehanna Christopher Kuhn - Benchmark Company Operator Welcome to the Forward Air's Third Quarter 2024 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode and the floor will be open for your questions following the presentation. |
seekingalpha.com |
2024-11-04 23:53:55 |
Czytaj oryginał (ang.) |
Forward Air Corporation Announces Timing of Third Quarter 2024 Earnings Release and Conference Call |
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) will release its third quarter 2024 earnings after the market closes on Monday, November 4, 2024, and hold a conference call to discuss those results at 4:30 p.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com or by dialing (800) 225-9448, Access Code: FWRDQ324. A conference call replay will be av. |
businesswire.com |
2024-10-23 20:30:00 |
Czytaj oryginał (ang.) |
Strength Seen in Forward Air (FWRD): Can Its 6.2% Jump Turn into More Strength? |
Forward Air (FWRD) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term. |
zacks.com |
2024-10-18 10:10:18 |
Czytaj oryginał (ang.) |
Why Forward Air Stock Soared Today |
A voice within the company is pushing for a change in ownership. |
fool.com |
2024-10-07 22:44:04 |
Czytaj oryginał (ang.) |
Forward Air Corporation Issues Statement |
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”) today issued the following statement: The Forward Air Board of Directors and management acknowledge and value the perspectives of the Company's shareholders. The Company has recently undergone a significant transformation, including substantially refreshing its Board and management team, and is focused on continuing to provide industry leading service and executing its strategic plan with a renewed sense. |
businesswire.com |
2024-10-07 21:52:00 |
Czytaj oryginał (ang.) |
Activist Ancora joins investors' calls for a strategic review at Forward Air. Here's what may happen next |
Ancora joined a chorus of activist investors who are pushing Forward Air for a strategic review. |
cnbc.com |
2024-09-07 13:06:20 |
Czytaj oryginał (ang.) |
Forward Air Corporation (FWRD) Q2 2024 Earnings Call Transcript |
Forward Air Corporation (NASDAQ:FWRD ) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Tony Carreño - Senior Vice President of Treasury and Investor Relations Shawn Stewart - Chief Executive Officer Jamie Pierson - Chief Financial Officer Conference Call Participants Bruce Chan - Stifel Bascome Majors - Susquehanna Scott Group - Wolfe Research Christopher Kuhn - Benchmark Stephanie Moore - Jefferies Operator Ladies and gentlemen thank you for standing by and welcome to the Forward Air Second Quarter 2024 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode and the floor will be open for your questions following the presentation. |
seekingalpha.com |
2024-08-10 12:57:08 |
Czytaj oryginał (ang.) |
Why Forward Air Stock Is Up Big Today |
Forward reported a massive loss in the quarter, including one-time charges, but underlying business trends improved. The company is under new management and slowly making progress after an unpopular acquisition and disappointing results. |
fool.com |
2024-08-08 16:20:16 |
Czytaj oryginał (ang.) |
7 Undervalued Stocks That Could Surge 500% in the Next 12 Months |
Even with the stock market's impressive gains, there's no shortage of undervalued stocks if you know where to look. The recent correction has just scratched the surface of the tech sector. |
investorplace.com |
2024-08-05 14:30:00 |
Czytaj oryginał (ang.) |
7 Transportation Stocks to Buy Now: Q3 Edition |
It's not been a great year for transportation stocks. The benchmark SPDR S&P Transportation ETF (NYSEARCA: XTN ) has fallen 9% over the past 12 months. |
investorplace.com |
2024-07-16 18:34:45 |
Czytaj oryginał (ang.) |
Why Forward Air Stock Advanced in June |
Forward shares are down big due to current market conditions and an unpopular acquisition. An activist is reportedly preparing to push the company to restructure or find a buyer. |
fool.com |
2024-07-02 19:38:00 |
Czytaj oryginał (ang.) |
Have 20 Bucks? 7 Low-Priced Stocks That Could Double by 2025 |
Low-priced stocks to buy with the potential to double within the next year or so have inherent appeal for investors. Individual shares are affordable making it relatively easy to establish a stake. |
investorplace.com |
2024-06-28 10:50:00 |
Czytaj oryginał (ang.) |
Forward Air Provides Update on First Quarter 2024 Non-GAAP Financial Measures |
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today announced updates to certain previously released non-GAAP financial measures for the twelve months ended March 31, 2024, to include adjustments to the previously released non-GAAP financial measures. When Forward released first quarter 2024 earnings on May 8, 2024, the Company made available to investors a conference call presentation, page 19 of which set forth a c. |
businesswire.com |
2024-06-27 23:07:00 |
Czytaj oryginał (ang.) |
7 Short Squeeze Stocks to Look Into for Your Portfolio |
In 2021, a trader with a large Reddit following induced a massive rally in shares of GameStop Corp. NYSE: GME. The downtrodden gaming retailer was the most shorted stock in the entire market in January 2021, but the retail buying frenzy triggered a massive run-up in price as hedge funds were forced to cover their short positions to prevent huge losses. |
marketbeat.com |
2024-06-27 13:00:19 |
Czytaj oryginał (ang.) |
Why Forward Air Stock Hit New Lows in May |
Forward Air reported disappointing quarterly results, confirming investor fears about a questionable acquisition from earlier in the year. Both activists and new management are now racing to turn the company around. |
fool.com |
2024-06-05 20:23:00 |
Czytaj oryginał (ang.) |
Will Forward Air Stock See A Recovery After 75% Fall This Year? |
The stock price of Forward Air (NASDAQ: FWRD), an asset-light freight and logistics company with operations in the United States and Canada, trades at $15 per share, about 90% below its peak level of $125 seen in January 2022. FWRD stock was trading at $92 in early June 2022, just before the Fed started increasing rates, and is now 84% below that level, compared to a substantial 40% gain for the S&P 500 during this period. |
forbes.com |
2024-05-31 10:00:00 |
Czytaj oryginał (ang.) |
Activist Irenic Capital initiates a 5% stake in Forward Air: Should you buy the stock? |
Forward Air (NASDAQ:FWRD) finds itself in the spotlight as activist investor Irenic Capital Management made a significant move, acquiring nearly 5% stake in the company, according to a report by the Wall Street Journal. |
invezz.com |
2024-05-29 12:07:55 |
Czytaj oryginał (ang.) |