---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-045008"
form_type: "8-K"
ticker: "FWRD"
cik: "0000912728"
company_name: "FORWARD AIR CORP"
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:44:26.653809+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Forward Air Q3 net loss $34.2M, EPS loss $2.62; guides 2024 EBITDA $300-310M

## Summary
- Revenue $655.9M (+92% YoY), operating income $22.7M, net loss $34.2M (diluted EPS -$2.62 vs $0.25 prior year).
- Consolidated EBITDA (non-GAAP) $77M in Q3 vs $81M prior quarter; FY2024 EBITDA guidance $300-310M.
- Expedited Freight segment underperformed due to decrease in revenue per hundredweight from customer mix/pricing.
- Liquidity $460M (up $15M QoQ); on track to capture $75M Omni synergies by Q1 2025.
- New Chief Commercial Officer hired (starts Jan 2025) to lead commercial transformation.

## SEC filing metadata
- accession: 0001628280-24-045008
- form_type: 8-K
- ticker: FWRD
- cik: 0000912728
- company_name: FORWARD AIR CORP
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912728/000162828024045008/0001628280-24-045008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912728/000162828024045008/fwrd-20241104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-045008
- JSON: https://secwatch.observer/filing/0001628280-24-045008.json
- Plain text: https://secwatch.observer/filing/0001628280-24-045008.txt

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