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Forward Air Reports Disappointing Q4 Earnings Results

Earnings highlights for Forward Air show a significant decline. The company reported a loss of $35.75 million in Q4 with EPS dropping to -$1.24, raising concerns for investors about future performance.

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AI Rating:   4

Earnings Per Share (EPS): The EPS for Forward Air in Q4 was -$1.24, showing a drastic decline from the previous year's $3.93. This negative performance indicates that the company has faced considerable challenges and is not generating profits for its shareholders.

Net Income: The net income for the company was -$35.75 million, which is a stark contrast to the $101.74 million from the same period last year. Such a significant loss could create negative sentiment among investors, raising concerns about the company's financial health.

Revenue Growth: Despite the losses, Forward Air reported considerable revenue of $632.85 million in Q4, an increase from $338.43 million in the same period last year. This growth could offer some reassurance, indicating that the company has been able to increase sales significantly, although it is overshadowed by the losses.