Knight-Swift Transportation Holdings Inc reports results for the quarter ended in June - Earnings Summary

Knight-Swift Transportation Holdings

20/07/2023 22:01

* Knight-Swift Transportation Holdings Inc  KNX.N  reported
quarterly adjusted earnings of 49 cents​​ per share for the
quarter ended in June. The mean expectation of twenty analysts
for the quarter was for earnings of 55 cents per share.
    * Revenue fell 20.8% to $1.55 billion from a year ago;
analysts
expected $1.60 billion. 
    * Knight-Swift Transportation Holdings Inc's reported EPS
for the
quarter was 39 cents​.
    * The mean earnings estimate of analysts had fallen by
about 38.9%
in the last three months.​ 
    * In the last 30 days, fifteen analysts negatively revised
earnings estimates 
    * Knight-Swift Transportation Holdings Inc shares had risen
by 1.5% this quarter and gained 7.6% so far this year.
    * The company reported quarterly net income of $63.33
million.
    * Wall Street's median 12-month price target for
Knight-Swift
Transportation Holdings Inc is $63.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
20 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.55           0.49           Missed
 Mar. 31 2023      0.81           0.73           Missed
 Dec. 31 2022      1.12           1.00           Missed
 Sep. 30 2022      1.32           1.27           Missed