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

• Knight-Swift Transportation Holdings Inc KNX.N reported quarterly adjusted earnings of 28 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of twenty analysts for the quarter was for earnings of 26 cents per share. Wall Street expected results to range from 17 cents to 34 cents per share.

• Revenue rose 0.1% to $1.82 billion from a year ago; analysts expected $1.81 billion.

• Knight-Swift Transportation Holdings Inc's reported EPS for the quarter was 19 cents​.

• The company reported quarterly net income of $30.64 million.

• Knight-Swift Transportation Holdings Inc shares had fallen by 10.3% this quarter and lost 26.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 16.5% in the last three months.​

• In the last 30 days, thirteen analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 9 "hold" and 1 "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 $55.00

This summary was machine generated from LSEG data April 23 at 09:01 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)