---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-023599"
form_type: "8-K"
ticker: "FWRD"
cik: "0000912728"
company_name: "FORWARD AIR CORP"
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-02T00:02:05.958699+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Forward Air revises Q1 GAAP EPS downward by $0.46 to $(2.81) due to preferred unit dividend

## Summary
- Net loss per diluted share adjusted from previously reported figure to $(2.81), a $0.46 decrease.
- Revision stems from impact of dividend payment on Opco Series C-2 Preferred Units.
- No change to adjusted net loss per diluted share, which remains as previously reported.
- Original Q1 2024 press release issued May 8, 2024; correction filed May 15, 2024.

## SEC filing metadata
- accession: 0001628280-24-023599
- form_type: 8-K
- ticker: FWRD
- cik: 0000912728
- company_name: FORWARD AIR CORP
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912728/000162828024023599/0001628280-24-023599-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912728/000162828024023599/fwrd-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-023599
- JSON: https://secwatch.observer/filing/0001628280-24-023599.json
- Plain text: https://secwatch.observer/filing/0001628280-24-023599.txt

## Key facts
- Earnings Releases
  FORWARD AIR CORP reported three months ended March 31, 2024 results: EPS $(2.81).
  - Period: three months ended March 31, 2024
  - EPS: $(2.81)
  - Result: preliminary results
  source text: The Company’s net (loss) income per diluted share for the three months ended March 31, 2024 decreased by $0.46 to $(2.81).
  evidence_url: https://www.sec.gov/Archives/edgar/data/912728/000162828024023599/0001628280-24-023599-index.htm

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