FWRD Q2 2019 Earnings — Forward Air Corporation Revenue & Financial Results | Market Cap Arena

FWRDForward Air Corporation

$610M

Q2 2019 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$346M+4.7% YoY

Gross Profit

$73M21.2% margin

Operating Income

$31M8.8% margin

Net Income

$22M6.5% margin

EPS (Diluted)

$0.78

QoQ Revenue Growth

+7.6%

Cash Flow

Operating Cash Flow

$30M

Free Cash Flow

$18M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$937M

Total Liabilities

$387M

Stockholders' Equity

$550M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$346M	$330M	+4.7%
Gross Profit	$73M	$69M	+7.0%
Operating Income	$31M	$33M	-7.1%
Net Income	$22M	$24M	-8.1%

Revenue Segments

Expedited LTL

$204M59%

Intermodal

$51M15%

Pool Distribution

$46M13%

Truckload Expedited

$46M13%