GREENEVILLE, Tenn. (AP) — GREENEVILLE, Tenn. (AP) — Forward Air Corp. (FWRD) on Monday reported a loss of $12.6 million in its second quarter.
The Greeneville, Tennessee-based company said it had a loss of 41 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 17 cents per share.
The contractor for the air cargo industry posted revenue of $618.8 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $637.7 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FWRD at https://www.zacks.com/ap/FWRD
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