Stock Track | Forward Air Plummets 6.20% as Q4 Revenue Misses Estimates

Stock Track
02-27

Forward Air Corporation's stock experienced a significant decline on Wednesday, plummeting by 6.20% in the market. The drop can be attributed to the company's fourth-quarter earnings report, which fell short of analysts' expectations.

According to the earnings release, Forward Air reported an operating revenue of $632.846 million for the fourth quarter, missing the consensus estimate of $667.4 million. While the company's operating margin stood at a respectable 12%, the lower-than-expected revenue figures weighed heavily on investor sentiment.

Furthermore, Forward Air reported a negative free cash flow of $35.098 million for the quarter, indicating potential challenges in generating cash from its operations. This raised concerns among investors about the company's financial health and its ability to fund future growth initiatives.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10