Knight-Swift Transportation Holdings Inc expected to post earnings of 57  cents a share - Earnings Preview

Knight-Swift Transportation Holdings

18/07/2023 21:02

* Knight-Swift Transportation Holdings Inc  KNX.N   KNX  is
expected to show a fall in quarterly revenue when it reports 
results on July 20. 
    * The Phoenix Arizona-based  company is expected to report 
a
18.5% decrease in revenue to $1.599 billion from $1.96 billion a
year ago, according to the mean estimate from 15 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Knight-Swift
Transportation Holdings Inc is for earnings of 57 cents per
share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
Knight-Swift
Transportation Holdings Inc is $63​, above​ its last closing
price of $54.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.80        0.81       0.73      Missed  -10.4
 Dec. 31 2023  1.11        1.12       1.00      Missed  -10.8
 Sep. 30 2022  1.32        1.32       1.27      Missed  -4.1​
 Jun. 30 2022  1.35        1.35       1.41      Beat    4.8
 ​​Mar.        1.26        1.26       1.35      Beat    6.8
 31 2022                                                
 Dec. 31 2021  1.43        1.43       1.61      Beat    12.5​
 Sep. 30 2021  1.07        1.07       1.30      Beat    21.8
 Jun. 30 2021  0.88        0.88       0.98      Beat    11.6
 This summary was machine generated July 18 at 20:01 GMT.  All
figures in US dollars  unless otherwise stated