Forward Air Announces Advance In Q4 Earnings

(RTTNews) - Forward Air (FWRD) revealed a profit for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line advanced to $35.37 million, or $1.18 per share. This was up from $12.71 million, or $0.42 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 15.6% to $306.12 million. This was up from $264.79 million last year.

Forward Air earnings at a glance:

-Earnings (Q4): $35.37 Mln. vs. $12.71 Mln. last year. -Earnings Growth (Y-o-Y): 178.3% -EPS (Q4): $1.18 vs. $0.42 last year. -EPS Growth (Y-o-Y): 181.0% -Revenue (Q4): $306.12 Mln vs. $264.79 Mln last year. -Revenue Change (Y-o-Y): 15.6%