Forward Air Announces 52% Advance In Q3 Profit

(RTTNews) - Forward Air (FWRD) revealed a profit for its third quarter that gained ground from last year.

The company said its bottom line totaled $18.16 million, or $0.60 per share. This was up from $11.93 million, or $0.39 per share, in last year's third quarter.

The company said revenue for the quarter rose 12.3% to $280.20 million. This was up from $249.55 million last year.

Forward Air earnings at a glance:

-Earnings (Q3): $18.16 Mln. vs. $11.93 Mln. last year. -Earnings Growth (Y-o-Y): 52.2% -EPS (Q3): $0.60 vs. $0.39 last year. -EPS Growth (Y-o-Y): 53.8% -Revenue (Q3): $280.20 Mln vs. $249.55 Mln last year. -Revenue Change (Y-o-Y): 12.3%