Knight-Swift Transportation Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

Knight-Swift Transportation Holdings

22/01/2025 22:01

* Knight-Swift Transportation Holdings Inc  KNX.N  reported
quarterly adjusted earnings of 36 cents​​ per share for the
quarter ended December 31, higher than the same quarter last
year, when the company reported EPS of 9 cents.  The mean
expectation of eighteen analysts for the quarter was
for earnings of 33 cents per share. Wall Street expected
results to range from 30 cents to 35 cents per share.
    * Revenue fell 3.5% to $1.86 billion from a year ago;
analysts
expected $1.88 billion. 
    * Knight-Swift Transportation Holdings Inc's reported EPS
for the
quarter was 43 cents​.
    * The company reported quarterly net income of $69.5
million.
    * Knight-Swift Transportation Holdings Inc shares had risen
by 4.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.6%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 8
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the ground
freight &
logistics peer group is also "buy"

Wall Street's median 12-month price target for Knight-Swift
Transportation Holdings Inc is $61.00 
This summary was machine generated from LSEG data January 22 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.33           0.36           Beat
 Sep. 30 2024      0.32           0.34           Beat
 Jun. 30 2024      0.28           0.24           Missed
 Mar. 31 2024      0.20           0.12           Missed