Knight-Swift Transportation Inc. is a leading provider of transportation and logistics services in North America
The company operates a large fleet of trucks and offers a wide range of transportation solutions, including truckload, dedicated, and logistics services. Knight-Swift specializes in freight transportation across various sectors, ensuring timely and efficient delivery of goods while maintaining high safety standards. The company is committed to leveraging cutting-edge technology and innovative practices to enhance operational efficiency and customer satisfaction in the highly competitive freight industry.
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Freight transportation and logistics provider Saia (NASDAQSAIA)
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Shares of freight delivery company Knight-Swift Transportation (NYSEKNX)
jumped 6.4% in the pre-market session after the company reported impressive fourth-quarter results, which beat analysts' EPS expectations. Its EPS guidance for next quarter also came in higher than Wall Street's estimates. On the other hand, its EBITDA missed significantly, and its revenue fell slightly short of Wall Street's estimates. The revenue shortfall was largely expected due to operating challenges from hurricanes and port strike disruptions. Overall, this was a mixed quarter. However, the market seems to be focused on the positive aspect, especially the strong earnings guidance.
Freight delivery company Knight-Swift Transportation (NYSEKNX) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 3.5% year on year to $1.86 billion. Its non-GAAP profit of $0.36 per share was 10.1% above analysts’ consensus estimates.
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Knight-Swift Transportation Holdings Inc. (NYSEKNX), one of North America’s largest and most diversified freight transportation companies, has released its earnings for the quarter ended December 31, 2024. The release is currently available on the Knight-Swift investor relations website: investor.knight-swift.com and will be filed with the SEC on a Form 8-K.
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Knight-Swift Transportation Holdings Inc. (NYSEKNX) ("Knight-Swift", the "Company", or "we") expects to release its 2024 fourth quarter earnings after market close on Wednesday, January 22, 2025. The Company will host a conference call from 4:30-5:30 p.m. EST on the same date to discuss the financial results of the quarter and other matters following its earnings press release. An online, real-time webcast of the quarterly conference call will be available at investor.knight-swift.com on January 22, 2025, at 4:30 p.m. EST. An online replay of the webcast will be posted on the website for at least seven days after the meeting.
Knight-Swift Transportation has been treading water for the past six months, recording a small return of 4.8% while holding steady at $52.57. This is close to the S&P 500’s 7.8% gain during that period.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how ground transportation stocks fared in Q3, starting with Knight-Swift Transportation (NYSEKNX).
