Knight-Swift (KNX) Q1 Earnings & Revenues Miss Estimates

Knight-Swift Transportation Holdings Inc. (KNX) reported first-quarter 2023 adjusted earnings per share (EPS) of 12 cents, which missed the Zacks Consensus Estimate of 19 cents and declined 83.6% year over year.  Total revenues of $1,822.46 million missed the Zacks Consensus Estimate of $1,841.3 million but improved 11.3% year over year.Total operating expenses (on a reported basis) increased 20.7% year over year to $1.80 billion. Knight-Swift’s adjusted operating income fell 68.5% year over year.Segmental ...