GREENEVILLE, Tenn. (AP) _ Forward Air Corp. (FWRD) on Thursday reported second-quarter net income of $30.7 million.

On a per-share basis, the Greeneville, Tennessee-based company said it had net income of $1.11.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 93 cents per share.

The contractor for the air cargo industry posted revenue of $420.7 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $390.9 million.

Forward Air shares have risen 15% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $88.24, a rise of 67% in the last 12 months.

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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