First look: Knight-Swift Q4 earnings miss mark

Core Insights - Knight-Swift Transportation reported a net loss of $6.8 million, or 4 cents per share, for the fourth quarter, which included $52.9 million in noncash charges related to the integration of the Abilene Motor Express brand under Swift Transportation [1] - The consolidated revenue for the quarter was $1.86 billion, falling short of the $1.9 billion consensus estimate, with all segments (excluding intermodal) experiencing year-over-year operating margin erosion [2] - The company provided first-quarter adjusted EPS guidance of 28 to 32 cents, which brackets the consensus estimate of 31 cents [3] Financial Performance - The adjusted EPS for the fourth quarter was 31 cents, which is 5 cents lower year-over-year and 4 cents below the consensus estimate [1] - Intermodal results showed improvement, but the segment still operated at a slight loss during the quarter [2] Future Outlook - Knight-Swift will host a call to discuss the fourth-quarter results at 4:30 p.m. EST on Wednesday [3]