Forward Air Q4 Earnings Decline 7%

(RTTNews) - Forward Air (FWRD) released a profit for fourth quarter that declined from last year.

The company said its earnings totaled $17.7 million, or $0.58 per share. This was down from $19.0 million, or $0.61 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 3.3% to $264.79 million. This was up from $256.42 million last year.

Forward Air earnings at a glance:

-Earnings (Q4): $17.7 Mln. vs. $19.0 Mln. last year. -Earnings Decline (Y-o-Y): -6.8% -EPS (Q4): $0.58 vs. $0.61 last year. -EPS Decline (Y-o-Y): -4.9% -Revenue (Q4): $264.79 Mln vs. $256.42 Mln last year. -Revenue Change (Y-o-Y): 3.3%