Knight-Swift Q1 net loss $2.6M, Adj EPS $0.12; insurance unit shut, guides Q2 $0.26-$0.30

Knight-Swift Transportation Holdings Inc.

2024-Q1 EPS reported -$0.02 revenue$1,822,467,000

GAAP diluted EPS $(0.02) vs $0.64; Adjusted EPS $0.12 vs $0.73; revenue $1.82B (+11.3%).
Truckload Adjusted OR 97.3% (worsened 1,070 bps); LTL 90.0%; Intermodal 105.6%; Logistics 97.1%.
Third-party insurance business ceased operations; incurred $19.5M operating loss in Q1.
Dividend increased $0.02 to $0.16/share; declared Feb 1, payable Mar 25.
Q2 2024 Adj EPS guidance $0.26-$0.30; Q3 $0.31-$0.35; no market inflection assumed.

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 0.9

Knight-Swift Transportation Holdings Inc. reported financial results for quarter ended March 31, 2024.

Period: quarter ended March 31, 2024
Result: reported results

Exact text from the filing

On April 24, 2024 , Knight-Swift Transportation Holdings Inc. (the "Company") issued a press release (the "Press Release") announcing its financial results for the quarter ended March 31, 2024.

View on SEC.gov

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

Knight-Swift Transportation Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001492691-24-000055

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.