---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-026814"
form_type: "8-K"
ticker: "FWRD"
cik: "0000912728"
company_name: "FORWARD AIR CORP"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T16:07:36.995658+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Forward Air Q2 EPS $0.76 GAAP ($0.91 adj) miss $1.28-1.32 guide; Q3 adj EPS guide $1.12-1.16

## Summary
- Revenue $402.2M, down 21.9% YoY; income from operations $30.2M, down 60%.
- Net income $19.95M ($0.76 diluted) vs $55.4M ($2.04) YoY; adjusted EPS $0.91.
- Q3 2023 guidance: revenue decline 11%-21% YoY; adjusted EPS $1.12-$1.16.
- LTL pounds per day improved sequentially; July current week shows +7% YoY growth.
- Quarterly dividend $0.24/share, payable Sep 7 to holders of record Aug 17.

## SEC filing metadata
- accession: 0001628280-23-026814
- form_type: 8-K
- ticker: FWRD
- cik: 0000912728
- company_name: FORWARD AIR CORP
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912728/000162828023026814/0001628280-23-026814-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912728/000162828023026814/fwrd-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-026814
- JSON: https://secwatch.observer/filing/0001628280-23-026814.json
- Plain text: https://secwatch.observer/filing/0001628280-23-026814.txt

## Key facts
- Earnings Releases
  FORWARD AIR CORP reported financial results for the three and six months ended June 30, 2023.
  - Period: the three and six months ended June 30, 2023
  - Result: reported results
  source text: Attached as Exhibit 99.1 and incorporated herein by reference is a copy of a press release, dated August 2, 2023 , announcing the financial results of Forward Air Corporation (the “Company”) for the three and six months ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/912728/000162828023026814/0001628280-23-026814-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.