Knight-Swift Transportation (KNX)

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Knight-Swift Transportation Holdings (KNX) Q4 Earnings Beat Estimates
ZACKS· 2025-01-22 23:16
Knight-Swift Transportation Holdings (KNX) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this trucking company would post earnings of $0.33 per share when it actually produced earnings of $0.34, delivering a surprise of 3.03%.Over the last ...
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 (KNX) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-10-23 23:36
Core Insights - Knight-Swift Transportation Holdings reported a revenue of $1.88 billion for the quarter ended September 2024, reflecting a year-over-year decline of 7.1% and an EPS of $0.34 compared to $0.41 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $1.95 billion by 3.75%, while the EPS exceeded the consensus estimate of $0.33 by 3.03% [1] Financial Performance Metrics - Operating Ratio was reported at 95.7%, higher than the average estimate of 94.9% based on five analysts [2] - Adjusted Operating Ratio for Truckload was 93.9%, slightly above the average estimate of 93.7% [2] - Adjusted Operating Ratio for LTL was 89.6%, compared to the estimated 88% [2] - Revenue excluding truckload and LTL fuel surcharge showed a year-over-year decline of 5.3% [2] - Truckload and LTL fuel surcharge revenue decreased by 20% year-over-year [2] - Operating revenue for Intermodal was reported at $1.68 billion, below the estimated $1.74 billion, representing a 1.4% year-over-year change [2] - Revenue for the Truckload Segment was $1.11 billion, reflecting a year-over-year decline of 6.2% compared to the average estimate of $1.17 billion [2] - LTL Segment revenue excluding fuel surcharge increased by 16.8% year-over-year, reported at $280.18 million against an estimate of $292.14 million [2] - Operating revenue for LTL was $325.41 million, slightly above the average estimate of $321.39 million [2] - Operating revenue for Truckload was reported at $1.26 billion, below the two-analyst average estimate of $1.33 billion [2] Stock Performance - Knight-Swift shares have returned -1.5% over the past month, while the Zacks S&P 500 composite increased by 2.7% [2] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [2]
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 ...