BUZZ-Knight-Swift Transportation Holdings rises on Q4 earnings beat
ReutersJan 22, 2025 9:21 PM
Shares of freight transport company Knight-Swift Transportation KNX.N rise 5% to $58.3 in trading after-hours
KNX posts Q4 adj. EPS of 36 cents, above estimates of 33 cents, according to data compiled by LSEG; revenue of $1.86 bln, missing estimates of $1.88 bln
Sees Q1 adj. EPS between 29 cents and 33 cents, the midpoint of which is slightly above estimates of 30 cents
KNX says anticipates a gradual recovery in market conditions in 2025
Stock had fallen 8% in 2024
(Reporting by Juby Anna Babu in Mexico City)
((Juby.Babu@thomsonreuters.com;))
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