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Knight-Swift Transportation (KNX) - 2024 Q4 - Annual Results
2025-01-22 21:04
Exhibit 99.1 January 22, 2025 Phoenix, Arizona Knight-Swift Transportation Holdings Inc. Reports Fourth Quarter 2024 Revenue and Earnings Adam Miller, CEO of Knight-Swift, commented, "The fourth quarter showed the benefits of our diversified business model, as improvement in our truckload segment offset cost headwinds from the significant expansion in our LTL segment. Truckload freight conditions in the fourth quarter largely played out as expected, as the hurricane and port strike disruptions at the beginn ...
Knight-Swift to Report Q4 Earnings: What's in Store for the Stock?
ZACKS· 2025-01-20 18:30
Knight-Swift Transportation Holdings Inc. (KNX) is scheduled to report fourth-quarter 2024 results on Jan. 22, after market close.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Knight-Swift has a disappointing earnings surprise history, having lagged the Zacks Consensus Estimate in three of the preceding four quarters (outpaced the mark in the remaining quarter), the average miss being 31.44%.Let’s see how things have shaped up for KNX this earnings season.Q4 ExpectationsThe Zacks ...
Unveiling Knight-Swift (KNX) Q4 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2025-01-16 15:21
Wall Street analysts forecast that Knight-Swift Transportation Holdings (KNX) will report quarterly earnings of $0.33 per share in its upcoming release, pointing to a year-over-year increase of 266.7%. It is anticipated that revenues will amount to $1.89 billion, exhibiting a decline of 1.9% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1% to its current level. This demonstrates the covering analysts' collective reassessment ...
Knight-Swift Transportation Holdings (KNX) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-01-15 16:06
Wall Street expects a year-over-year increase in earnings on lower revenues when Knight-Swift Transportation Holdings (KNX) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 22, 2025, might help the stock move higher if these key n ...
Knight-Swift Continues to Grapple With Rising Operating Expenses
ZACKS· 2025-01-07 17:05
Knight-Swift Transportation Holdings Inc. (KNX) is currently mired in multiple headwinds, which, we believe, have made it an unimpressive investment option.Factors Weighing on KNX Stock: High costs related to driver wages, equipment, maintenance, fuel and other expenses are restricting Knight-Swift’s bottom-line growth. During the first nine months of 2024, salaries, wages and benefits expenses rose 18.6% year over year, while operations and maintenance expenses climbed 20.9%. Escalating fuel costs (up 6.7% ...
Knight-Swift (KNX) Up 8.2% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-11-22 17:36
A month has gone by since the last earnings report for Knight-Swift Transportation Holdings (KNX) . Shares have added about 8.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Knight-Swift due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Earnings Beat in Q3Knight-Sw ...
Knight-Swift Transportation (KNX) - 2024 Q3 - Quarterly Results
2024-10-23 20:09
Exhibit 99.1 October 23, 2024 Phoenix, Arizona Knight-Swift Transportation Holdings Inc. Reports Third Quarter 2024 Revenue and Earnings Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift" or "the Company"), one of the largest and most diversified freight transportation companies, operating the largest full truckload fleet in North America, today reported third quarter 2024 net income attributable to Knight-Swift of $30.5 million and Adjusted Net Income Attributable to Knight-Swift of $54. ...
CleanCore Solutions, Inc. (ZONE) Announces Initial Purchase Agreement with Knight-Swift Transportation (NYSE: KNX), One of North America's Largest Freight Transportation Companies
GlobeNewswire News Room· 2024-10-17 12:30
Leasing and Service Agreement Expected to Provide Long-Term Recurring Revenue Stream to CleanCore Initial Implementation of CleanCore Products Expected to Drive Sustainability Across Key Knight-Swift Facilities Omaha, NE, Oct. 17, 2024 (GLOBE NEWSWIRE) -- CleanCore Solutions, Inc. (NYSE American: ZONE) ("CleanCore" or the "Company"), developer of patented technology that works as a safe and low-cost replacement for traditional cleaning chemicals, today announced that it has commenced the initial roll-out of ...
Analysts Estimate Knight-Swift Transportation Holdings (KNX) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-10-16 15:06
The market expects Knight-Swift Transportation Holdings (KNX) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which ...
Here's Why You Should Give Knight-Swift Stock a Miss Now
ZACKS· 2024-09-24 17:18
Knight-Swift Transportation Holdings Inc. (KNX) is currently mired in multiple headwinds, which, we believe, have made it an unimpressive investment option. Let's delve deeper. Southward Earnings Estimate Revision:The Zacks Consensus Estimate for third-quarter 2024 earnings has been revised 10.2% downward over the past 90 days. For 2024, the consensus mark for earnings has moved 13.4% south in the same time frame. The bearish alterations in estimate revisions underscore a notable decline in brokers' confide ...