Forward Air pre-announces Q1 2025 EBITDA $54M-$59M; liquidity rises to $392M

FORWARD AIR CORP

2025-Q1 EPS reported -$1.68 revenue$613,281,000

Preliminary consolidated EBITDA (non-GAAP) for Q1 2025 estimated between $54M and $59M.
Liquidity at March 31, 2025 expected ~$392M, up ~$10M from $382M at Q4 2024.
Estimates 10%-15% of 2024 revenue would have been impacted by recently announced IEEPA tariffs.
Full Q1 2025 earnings release scheduled for May 7, 2025 after market close.

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