earnings
confidence high
sentiment negative
materiality 0.85
Knight-Swift Q3 GAAP EPS $0.37 vs $1.21 YoY; adjusted EPS $0.41; revenue $2.0B
Knight-Swift Transportation Holdings Inc.
2023-Q3 EPS reported
$1.41
revenue$5,209,847,000
- GAAP net income $60.2M down 69.1% YoY; revenue $2.02B up 6.5% (includes U.S. Xpress acquisition).
- Truckload Adj. OR 94.9% vs 81.8% YoY; U.S. Xpress added ~340 bps to OR.
- LTL Adj. OR 84.9% flat YoY; revenue ex-fuel up 6.9% to $240M.
- FY2023 Adj. EPS guidance narrowed to $2.10-$2.20 from $2.10-$2.30.
- Quarterly dividend $0.14/share maintained; paid Sept 25, 2023.