Knight-Swift Q1 EPS $0.64, revenue -10.4%; slashes FY Adj EPS guidance to $3.35-$3.55

Knight-Swift Transportation Holdings Inc.

2023-Q1 EPS reported $0.64 revenue$1,636,932,000

GAAP EPS $0.64 vs $1.25 YoY; Adjusted EPS $0.73 vs $1.35; revenue $1.64B down 10.4%.
Truckload Adjusted OR worsened to 86.6% from 78.2%; insurance charges $8.5M.
Full-year 2023 Adjusted EPS guidance cut to $3.35-$3.55 from prior $4.05-$4.25.
U.S. Xpress acquisition ($808M EV) expected to close early Q3 2023.
Dividend increased to $0.14/share; free cash flow $144.2M in Q1.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Knight-Swift Transportation Holdings Inc. reported financial results for for the quarter ended March 31, 2023.

Period: for the quarter ended March 31, 2023
Result: reported results

Exact text from the filing

On April 20, 2023 , Knight-Swift Transportation Holdings Inc. (the "Company") issued a press release (the "Press Release") announcing its financial results for the quarter ended March 31, 2023.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Knight-Swift Transportation Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001492691-23-000042

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.