FWRD Q3 2019 Earnings — Forward Air Corporation Revenue & Financial Results | Market Cap Arena

FWRDForward Air Corporation

$610M

Q3 2019 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$362M+9.1% YoY

Gross Profit

$74M20.4% margin

Operating Income

$31M8.5% margin

Net Income

$22M6.1% margin

EPS (Diluted)

$0.78

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$46M

Free Cash Flow

$35M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$981M

Total Liabilities

$419M

Stockholders' Equity

$561M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$362M	$331M	+9.1%
Gross Profit	$74M	$65M	+12.8%
Operating Income	$31M	$30M	+2.7%
Net Income	$22M	$22M	-0.6%

Revenue Segments

Expedited LTL

$207M57%

Intermodal

$58M16%

Pool Distribution

$51M14%

Truckload Expedited

$45M12%