excluding truckload and LTL fuel surcharge
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Exploring Analyst Estimates for Knight-Swift (KNX) Q4 Earnings, Beyond Revenue and EPS
ZACKS· 2026-01-15 15:16
Core Viewpoint - Analysts expect Knight-Swift Transportation Holdings (KNX) to report quarterly earnings of $0.36 per share, indicating no change from the previous year, with revenues projected at $1.9 billion, reflecting a 1.8% increase year-over-year [1]. Earnings Projections - Over the last 30 days, the consensus EPS estimate has been revised downward by 6.7%, indicating a collective reassessment by analysts of their initial forecasts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue and Key Metrics - Analysts estimate that 'Truckload and LTL fuel surcharge' will reach $195.63 million, a 4.2% increase from the prior year [5]. - Revenue, excluding truckload and LTL fuel surcharge, is projected to be $1.70 billion, marking a 1.1% year-over-year change [5]. - Estimated 'Operating revenue- LTL' is $365.64 million, reflecting a 13.7% increase from the previous year [6]. - Revenue, excluding fuel surcharge for the LTL segment, is expected to be $307.84 million, indicating a 10.4% year-over-year change [6]. Operating Ratios - The estimated 'Operating Ratio' is projected to be 95.4%, slightly improved from 95.8% in the previous year [7]. - The 'Adjusted Operating Ratio - Logistics' is expected to be 94.3%, compared to 93.7% last year [7]. - The 'Adjusted Operating Ratio - Truckload' is forecasted at 93.0%, up from 92.2% in the same quarter last year [8]. - The consensus for 'Adjusted Operating Ratio - LTL' remains at 94.5%, unchanged from the previous year [8]. Additional Metrics - Analysts forecast 'Average revenue per load - Intermodal' to be $2,697.65, compared to $2,565.00 in the same quarter last year [9]. - The expected 'Average tractors - Truckload' is 21,544, down from 22,208 year-over-year [9]. - The average prediction for 'Load count - Intermodal' is 37,403, compared to 38,607 in the previous year [9]. Stock Performance - Over the past month, shares of Knight-Swift have returned +8.6%, outperforming the Zacks S&P 500 composite's +1.6% change [9].