Core Viewpoint - Knight-Swift Transportation Holdings (KNX) is positioned well to continue its trend of beating earnings estimates in the upcoming quarterly report [1]. Group 1: Earnings Performance - Knight-Swift has a strong history of beating earnings estimates, particularly in the last two quarters, with an average surprise of 10.55% [2]. - In the last reported quarter, Knight-Swift achieved earnings of $0.28 per share, exceeding the Zacks Consensus Estimate of $0.25 per share, resulting in a surprise of 12.00% [3]. - For the previous quarter, the company was expected to post earnings of $0.33 per share but delivered $0.36 per share, yielding a surprise of 9.09% [3]. Group 2: Earnings Estimates and Predictions - Estimates for Knight-Swift have been trending higher, influenced by its history of earnings surprises [6]. - The company currently has a positive Zacks Earnings ESP (Expected Surprise Prediction) of +3.22%, indicating bullish sentiment among analysts regarding its earnings prospects [9]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat [9]. Group 3: Earnings ESP Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [7]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [8]. - The next earnings report for Knight-Swift is expected to be released on July 23, 2025 [9].

Group 1: Company Overview - Landstar System, Inc. (LSTR) is currently facing multiple headwinds, making it an unimpressive investment option [1] - The company is experiencing reduced demand for freight services and increased truck capacity, leading to low shipment volumes and rates [1][8] - The truck transportation segment, a key area for LSTR, is underperforming, contributing to weak revenue outlooks [1][8] Group 2: Economic and Industry Challenges - High inflation continues to negatively impact consumer sentiment and growth expectations, affecting trucking companies' profitability [2] - The trucking industry is battling a persistent driver shortage, complicating recruitment efforts as older drivers retire [3] - LSTR's stock has declined by 21.1% year-to-date, underperforming the transportation-truck industry's overall decline of 18% [3][8] Group 3: Earnings Estimates and Performance - The Zacks Consensus Estimate for LSTR's second-quarter 2025 earnings has been revised downward by 14.8% in the past 60 days, indicating a lack of confidence from brokers [7] - Earnings expectations for LSTR suggest a decline of 22.3% year-over-year for the second quarter of 2025 and an 11.3% decline for the full year [11] - LSTR has a weak earnings surprise history, lagging the Zacks Consensus Estimate in three of the last four quarters with an average miss of 3.34% [10] Group 4: Industry Ranking - The industry to which LSTR belongs has a Zacks Industry Rank of 244 out of 248 groups, placing it in the bottom 1% of Zacks industries [12] - The performance of the industry group significantly influences stock price movements, indicating that LSTR's prospects are tied to the overall industry performance [12]

Core Viewpoint - J.B. Hunt Transportation (JBHT) is facing significant challenges in the freight market, with weak liquidity further impacting its attractiveness to investors [1] Financial Performance - Total operating revenues declined 1% to $2.92 billion in Q1 2025 from $2.94 billion in Q1 2024 [7] - Key segments show deeper strain: Dedicated Contract Services saw a 5% reduction in average truck count, Final Mile Services experienced a 15% decline in stops, Integrated Capacity Solutions reported 13% fewer loads, and Truckload faced an 8% drop in gross revenue per load [7] Earnings Estimates - The Zacks Consensus Estimate for current-quarter earnings has been revised 8.7% downward to $1.36 per share, while the estimate for 2025 earnings is pegged at $5.75 per share, indicating a 9% fall [2] Stock Performance - JBHT shares have fallen 12.8% year to date, compared to a 12.7% decline in the Transportation - Truck industry [3] Liquidity Concerns - The current ratio has declined from 1.41 in 2022 to 1.35 in 2023, further dropping to 1.06 in 2024, and is pegged at 0.89 in Q1 2025, raising concerns about the company's ability to meet short-term debt obligations [8] Industry Context - JBHT currently carries a Zacks Rank 4 (Sell) and belongs to an industry with a Zacks Industry Rank of 244 out of 245, placing it in the bottom 1% of Zacks Industries [5][6]

Company Overview - Old Dominion Freight Line (ODFL) shares have increased by approximately 3% over the past month, underperforming the S&P 500 [1] - The most recent earnings report indicates that estimates have trended downward, with a consensus estimate shift of -6.62% [2] Performance Metrics - Old Dominion has a strong Growth Score of A but a low Momentum Score of D, resulting in an aggregate VGM Score of D [3] - The stock is currently rated with a Zacks Rank 4 (Sell), indicating expectations of below-average returns in the coming months [4] Industry Comparison - Old Dominion is part of the Zacks Transportation - Truck industry, where competitor JB Hunt (JBHT) has seen a 4.6% increase in shares over the past month [5] - JB Hunt reported revenues of $2.92 billion for the last quarter, reflecting a year-over-year decline of -0.8%, with EPS of $1.17 compared to $1.22 a year ago [5] - JB Hunt is expected to post earnings of $1.36 per share for the current quarter, showing a year-over-year increase of +3%, but has also experienced a -1.8% change in the Zacks Consensus Estimate over the last 30 days [6]

Core Insights - Viking Holdings (VIK) reported a quarterly loss of $0.24 per share, which was better than the Zacks Consensus Estimate of a loss of $0.26, and compared to a loss of $0.03 per share a year ago, indicating an earnings surprise of 7.69% [1] - The company posted revenues of $897.06 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.49%, and showing an increase from year-ago revenues of $718.16 million [2] - Viking has outperformed the S&P 500, with shares up about 6.9% since the beginning of the year compared to the S&P 500's gain of 1.4% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.96 on revenues of $1.83 billion, and for the current fiscal year, it is $2.36 on revenues of $6.28 billion [7] - The estimate revisions trend for Viking is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Transportation - Truck industry, to which Viking belongs, is currently in the bottom 2% of over 250 Zacks industries, suggesting potential challenges ahead [8]

Core Viewpoint - Landstar System (LSTR) reported quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of $0.92 per share, and down from $1.32 per share a year ago, indicating a negative earnings surprise of -7.61% [1] Financial Performance - The company posted revenues of $1.15 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.95%, but down from $1.17 billion year-over-year [2] - Over the last four quarters, Landstar has exceeded consensus EPS estimates only once [2] Stock Performance - Landstar shares have declined approximately 16.3% since the beginning of the year, compared to a -0.6% decline in the S&P 500 [3] - The current Zacks Rank for Landstar is 5 (Strong Sell), indicating expected underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.35 on revenues of $1.23 billion, and for the current fiscal year, it is $5.32 on revenues of $4.95 billion [7] - The trend for estimate revisions ahead of the earnings release has been unfavorable [6] Industry Context - The Transportation - Truck industry, to which Landstar belongs, is currently ranked in the bottom 2% of over 250 Zacks industries, suggesting a challenging environment [8]

Core Viewpoint - The Zacks Transportation-Truck industry is facing significant challenges due to tariff-induced economic uncertainties, weak freight rates, driver shortages, and inflation, yet some companies like Marten Transport and PAMT CORP are positioned to endure these difficulties [1]. Industry Overview - The Zacks Transportation-Truck industry consists of truck operators that transport freight across North America, offering various services including full-truckload and less-than-truckload (LTL) [2]. - Companies in this sector provide diverse trucking services such as dry-van, dedicated, refrigerated, flatbed, and expedited, along with logistics and intermodal services [2]. Current Trends - Supply-chain disruptions and weak freight rates are negatively impacting the industry, with the Cass Freight Shipments Index declining by 5.3% year-over-year in March, marking eight consecutive months of decline [3]. - The industry is focusing on cost-cutting measures to improve productivity and efficiency in response to high inflation affecting labor, freight, and fuel costs [4]. - A prolonged driver shortage is expected to leave the trucking industry short of over 160,000 drivers by 2030, exacerbating supply-chain challenges [5]. Tariff Impact - The current administration's protectionist policies and new tariffs are creating trade tensions with major partners like Canada, Mexico, and China, leading to increased volatility and uncertainty in global trade, which is detrimental to the industry [6]. Industry Ranking and Performance - The Zacks Transportation-Truck industry ranks 244 out of 246 Zacks industries, placing it in the bottom 1% and indicating poor near-term prospects [7]. - Analysts have reduced the industry's earnings estimate for 2025 by 42.7% year-over-year, reflecting a negative outlook for earnings growth [8]. - Over the past year, the industry has underperformed, declining by 30.6%, while the S&P 500 increased by 8.3% and the broader transportation sector fell by 17.4% [10]. Valuation Metrics - The industry is currently trading at an EV-to-EBITDA ratio of 13.64X, which is lower than the S&P 500's 15.2X but higher than the sector's 8.82X [13]. Notable Companies - Marten Transport, based in Mondovi, WI, operates across five business platforms and has shown impressive cost-control efforts, currently holding a Zacks Rank 3 (Hold) [17]. - PAMT CORP provides truckload dry van carrier services and has expanded its customer base significantly through acquisitions, also holding a Zacks Rank 3 [21].

Group 1 - Forward Air reported a quarterly loss of $1.59 per share, significantly worse than the Zacks Consensus Estimate of a loss of $0.47, and compared to a loss of $0.64 per share a year ago, indicating an earnings surprise of -238.30% [1] - The company posted revenues of $613.28 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.76%, and this represents an increase from year-ago revenues of $541.81 million [2] - Forward Air shares have declined approximately 48.1% since the beginning of the year, contrasting with the S&P 500's decline of -4.7% [3] Group 2 - The earnings outlook for Forward Air is currently unfavorable, with a Zacks Rank of 4 (Sell), suggesting that the shares are expected to underperform the market in the near future [6] - The current consensus EPS estimate for the upcoming quarter is -$0.05 on revenues of $650.93 million, and for the current fiscal year, it is -$0.35 on revenues of $2.63 billion [7] - The Transportation - Truck industry, to which Forward Air belongs, is currently ranked in the bottom 1% of over 250 Zacks industries, indicating a challenging environment for the company [8]

Core Viewpoint - Heartland Express reported a quarterly loss of $0.18 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.13, marking an earnings surprise of -38.46% [1] - The company's revenues for the quarter were $219.42 million, missing the Zacks Consensus Estimate by 9.20% and down from $270.32 million a year ago [2] Financial Performance - Over the last four quarters, Heartland Express has only surpassed consensus EPS estimates once [2] - The company has not beaten consensus revenue estimates in the last four quarters [2] - Year-to-date, Heartland Express shares have declined approximately 30.1%, compared to a 5.5% decline in the S&P 500 [3] Future Outlook - The company's earnings outlook will be crucial for investors, particularly in light of recent earnings report and future expectations [4] - Current consensus EPS estimate for the upcoming quarter is $0.02 on revenues of $275.22 million, and for the current fiscal year, it is $0.06 on revenues of $1.07 billion [7] Industry Context - The Transportation - Truck industry, to which Heartland Express belongs, is currently ranked in the bottom 1% of over 250 Zacks industries, indicating a challenging environment [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Heartland Express's stock performance [5][6]

Core Insights - XPO reported quarterly earnings of $0.73 per share, exceeding the Zacks Consensus Estimate of $0.65 per share, but down from $0.81 per share a year ago, indicating an earnings surprise of 12.31% [1] - The company generated revenues of $1.95 billion for the quarter, missing the Zacks Consensus Estimate by 0.76% and down from $2.02 billion year-over-year [2] - XPO has surpassed consensus EPS estimates in all four of the last quarters, while it has topped revenue estimates three times during the same period [2] Earnings Outlook - The sustainability of XPO's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - Current consensus EPS estimate for the upcoming quarter is $1 on revenues of $2.05 billion, and for the current fiscal year, it is $3.81 on revenues of $8.13 billion [7] Industry Context - The Transportation - Truck industry, to which XPO belongs, is currently ranked in the bottom 1% 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 outlook for the industry can significantly affect stock performance [5][8] Stock Performance - XPO shares have declined approximately 25.7% since the beginning of the year, contrasting with the S&P 500's decline of 5.5% [3] - The estimate revisions trend for XPO is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6]