Forward Air Earnings: Your Sneak Peek to the Big Announcement

Forward Air (NASDAQ:FWRD) will report earnings after markets close on Thursday, July 18th. Forward Air Corporation provides transportation services to air freight forwarders, air cargo carriers, and domestic and international airlines. The Company also operates a truckload business that is an irregular route, high service-level carrier that transports a wide range of commodities in both interstate and intrastate commerce.

Here is your Cheat Sheet to Forward Air Earnings:

Earnings Expectations: Analysts expect earnings of $0.53 per share on revenues of $169.09 million. Currently, the company’s P/E ratio stands at 22.91.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.52 and has not changed. For the current year, the average estimate is a profit of $2, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Forward Air has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 474 417 484 536 584
Diluted EPS ($) 1.47 0.34 1.10 1.60 1.78

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 148.33 143.51 155.52 141.56
Diluted EPS ($) 0.48 0.41 0.54 0.36

Past Performance:
Forward Air has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)