Knight-Swift Transportation Holdings (KNX) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -15.79%. A quarter ago, it was expected that this trucking company would post earnings of $0.34 per share when it actually produced earnings of $0.35, delivering a surprise of +2.94%.Over the la ...

Core Insights - JB Hunt reported quarterly earnings of $1.76 per share, exceeding the Zacks Consensus Estimate of $1.47 per share, and showing an increase from $1.49 per share a year ago, resulting in an earnings surprise of +19.73% [1] - The company posted revenues of $3.05 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.02%, although this represents a slight decline from year-ago revenues of $3.07 billion [2] - JB Hunt's stock has underperformed the market, losing about 18.3% since the beginning of the year compared to the S&P 500's gain of 13% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.65 on revenues of $3.13 billion, and for the current fiscal year, it is $5.57 on revenues of $12.01 billion [7] - The estimate revisions trend for JB Hunt was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Transportation - Truck industry, to which JB Hunt belongs, is currently ranked in the bottom 7% of over 250 Zacks industries, suggesting a challenging environment for stocks in this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact JB Hunt's stock performance [5]

Key Takeaways ODFL's Q3 earnings estimate was cut 10.2% to $1.23, signaling weaker near-term performance. Shares dropped 26.2% in a year versus a 22.7% fall in the Transportation - Truck industry. LTL tons per day fell 9.3%, pressuring revenue growth despite pricing discipline.Old Dominion Freight Line’s (ODFL) shares have had an unimpressive run in a year. Shares of this trucking company have plunged 26.2% in the same period, underperforming its industry’s 22.7% fall.Image Source: Zacks Investment Researc ...

Core Viewpoint - J.B. Hunt Transportation (JBHT) is currently facing multiple challenges, making it an unattractive investment option [1] Company Performance - JBHT shares have declined by 20.8% year-to-date in 2025, underperforming the transportation-truck industry, which has seen a 19.7% decline [2][6] - The Zacks Consensus Estimate for JBHT's third-quarter 2025 earnings has been revised down by 0.67% over the past 60 days, with a 0.53% downward revision for the current year [5][6] - JBHT has a weak Zacks Rank of 4 (Sell), indicating a lack of confidence from brokers [5] Earnings and Financial Health - JBHT has a history of disappointing earnings surprises, missing the Zacks Consensus Estimate in two of the last four quarters, with an average miss of 0.28% [8] - The company's net interest expense increased by 5% year-over-year in Q2 2025 due to a higher average consolidated debt balance and lower interest income [9] - JBHT's cash and cash equivalents were $50.9 million at the end of Q2 2025, significantly lower than its short-term debt of $699.44 million, indicating liquidity issues with a current ratio of 0.87 [10] Industry Context - The trucking industry, which includes JBHT, is facing a persistent driver shortage, complicating recruitment efforts as older drivers retire [11] - JBHT belongs to an industry with a Zacks Industry Rank of 204 out of 248 groups, placing it in the bottom 17% of Zacks industries, which can negatively impact stock performance [12][13]

Core Insights - Old Dominion Freight Line, Inc. (ODFL) reported a decline in its less-than-truckload (LTL) segment performance for August 2025, indicating ongoing challenges in the domestic economy [1][3]. Financial Performance - ODFL's revenue per day decreased by 4.8% year over year in August 2025, driven by a 9.2% drop in LTL tons per day [2][6]. - The decline in LTL tons per day was attributed to an 8.2% reduction in LTL shipments per day and a 1.2% decrease in weight per shipment [2][6]. - Despite the volume decline, LTL revenue per hundredweight increased by 4.5%, and when excluding fuel surcharges, it rose by 4.7% year over year [2][6]. Management Commentary - The CEO of Old Dominion highlighted that the revenue results reflect the softness in the domestic economy, but the improvement in revenue per hundredweight showcases the company's commitment to superior service [3]. - The company remains confident in its ability to capture profitable market share in the long term while enhancing shareholder value [3]. Market Position - ODFL currently holds a Zacks Rank of 4 (Sell), with its shares declining by 18.4% over the past six months, compared to an 11.3% decline in the transportation-truck industry [4].

Core Viewpoint - Werner Enterprises has shown a positive trend in its stock performance, with shares increasing by approximately 4.5% since the last earnings report, outperforming the S&P 500. The upcoming earnings release will be crucial in determining if this trend continues or if a pullback is expected [1]. Financial Performance - In Q2 2025, Werner reported earnings per share of 11 cents, exceeding the Zacks Consensus Estimate of 5 cents, but reflecting a 36% decline from the previous year [2]. - Total revenues reached $753.14 million, surpassing the Zacks Consensus Estimate of $736.7 million, but decreased by 1% year-over-year due to a 4% drop in Truckload Transportation Services (TTS) revenues, partially offset by a 6% increase in Logistics revenues [3]. - Adjusted operating income was $16.55 million, down 22% year-over-year, with an adjusted operating margin of 2.2%, a decline of 60 basis points from the previous year [4]. Segment Results - TTS segment revenues fell by 4% year-over-year to $517.64 million, with adjusted operating income dropping 45% to $12.77 million due to increased insurance and claims expenses and lower fuel surcharge revenues [5]. - Logistics revenues increased by 6% year-over-year to $221.17 million, with adjusted operating income rising to $5.87 million from $1.69 million in the prior year, and an adjusted operating margin increase of 190 basis points to 2.7% [6]. Liquidity and Capital Expenditure - As of June 30, 2025, Werner had cash and cash equivalents of $51.42 million, a slight decrease from $51.95 million in the previous quarter. Long-term debt rose to $725 million from $640 million [7]. - The company generated $46 million in cash from operations in Q2 2025, with net capital expenditure amounting to $65.6 million [7]. Share Repurchase - During Q2, Werner repurchased 2.1 million shares for $55 million, leaving 1.8 million shares remaining under its share repurchase authorization as of June 30, 2025 [8]. Outlook - For 2025, Werner anticipates TTS truck growth to improve in the range of 1-4%, with net capital expenditure now estimated between $145-$185 million [9]. - The company projects dedicated revenues per truck per week to rise from breakeven to 3% in 2025, with a full-year tax rate expected to be between 25%-26% [9]. Estimate Trends - There has been a downward trend in estimates for Werner, with a consensus estimate shift of -15.3% noted [10][11]. - The stock currently holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [13]. Industry Comparison - Werner operates within the Zacks Transportation - Truck industry, where competitor JB Hunt has seen a 1.3% gain over the past month, reporting revenues of $2.93 billion with a year-over-year change of 0% [14].

Core Insights - Allegiant (ALGT) is experiencing significant pressure from rising operating expenses and a complex economic environment, negatively impacting its investment attractiveness [1] Financial Performance - The Zacks Consensus Estimate for ALGT's current-quarter earnings has been revised downward by 84.68%, now projected at a loss of $2.05 per share [2] - The 2025 earnings estimate has also decreased by 30.86%, now standing at $2.42 per share [2] - ALGT's shares have declined by 36.6%, significantly underperforming the Transportation - Truck industry's decline of 4.6% [3][7] Operating Expenses - In Q2 2025, ALGT's consolidated operating expenses surged by 19.9% year over year, with airline-specific operating expenses increasing by 3.8% [4][7] - Key components of operating expenses include: - Aircraft lease rentals: up 91.7% - Maintenance and repairs: up 18.4% - Station operations: up 7.8% - Labor costs: up 2% [5][7] Market Position - ALGT currently holds a Zacks Rank of 5 (Strong Sell), indicating a lack of confidence from brokers [4] - The company is navigating a volatile macro environment characterized by economic uncertainty, shifting tariff regulations, and geopolitical tensions, which are forcing firms to delay investments and revise forecasts [5][8] Investment Alternatives - Investors in the Transportation sector may consider LATAM Airlines Group (LTM) and SkyWest (SKYW), both of which have a Zacks Rank of 1 (Strong Buy) [9][10] - LTM has an expected earnings growth rate of 45% for the current year, while SkyWest has an expected growth rate of 28.06% [10][11]

Financial Performance - Forward Air reported a quarterly loss of $0.41 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.17, and a significant decline from a loss of $23.29 per share a year ago [1] - The company posted revenues of $618.84 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 2.95% and down from $643.67 million year-over-year [2] - Over the last four quarters, Forward Air has surpassed consensus EPS estimates only once [2] Market Performance - Forward Air shares have declined approximately 6.2% since the beginning of the year, contrasting with the S&P 500's gain of 8.6% [3] - The current Zacks Rank for Forward Air is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.10 on revenues of $669.37 million, and for the current fiscal year, it is -$1.37 on revenues of $2.59 billion [7] - The trend of estimate revisions for Forward Air was mixed ahead of the earnings release, which could change following the recent report [6] Industry Context - The Transportation - Truck industry, to which Forward Air belongs, is currently ranked in the bottom 11% of over 250 Zacks industries, indicating potential challenges ahead [8]

Core Viewpoint - XPO reported quarterly earnings of $1.05 per share, exceeding the Zacks Consensus Estimate of $0.99 per share, but down from $1.12 per share a year ago, indicating a +6.06% earnings surprise [1] Financial Performance - XPO's revenues for the quarter ended June 2025 were $2.08 billion, surpassing the Zacks Consensus Estimate by 1.90%, consistent with year-ago revenues [2] - Over the last four quarters, XPO has exceeded consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance and Outlook - XPO shares have increased by approximately 0.9% since the beginning of the year, while the S&P 500 has gained 8.2% [3] - The company's earnings outlook will be crucial for future stock movements, with current consensus EPS estimates at $1.02 for the coming quarter and $3.63 for the current fiscal year [4][7] Industry Context - The Transportation - Truck industry, to which XPO belongs, is currently ranked in the bottom 18% of over 250 Zacks industries, which may negatively impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that the current unfavorable estimate revisions trend could lead to underperformance [5][6]

Core Viewpoint - Old Dominion Freight Line (ODFL) reported quarterly earnings of $1.27 per share, missing the Zacks Consensus Estimate of $1.29 per share, and showing a decline from $1.48 per share a year ago, indicating a negative earnings surprise of -1.55% [1][2] Financial Performance - The company posted revenues of $1.41 billion for the quarter ended June 2025, which was 0.55% below the Zacks Consensus Estimate and a decrease from $1.5 billion year-over-year [2] - Over the last four quarters, Old Dominion has surpassed consensus EPS estimates two times and topped revenue estimates two times [2] Stock Performance - Old Dominion shares have declined approximately 8.1% since the beginning of the year, contrasting with the S&P 500's gain of 8.3% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.37 on revenues of $1.46 billion, and for the current fiscal year, it is $5.11 on revenues of $5.66 billion [7] - The trend of estimate revisions for Old Dominion was unfavorable prior to the earnings release, which may impact future stock movements [5][6] Industry Context - The Transportation - Truck industry, to which Old Dominion belongs, is currently ranked in the bottom 17% of over 250 Zacks industries, suggesting potential challenges ahead [8] - The performance of Old Dominion's stock may be influenced by the overall outlook for the industry [8]