secwatch.observer — SEC 8-K summary
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Issuer:     Knight-Swift Transportation Holdings Inc. (KNX)
CIK:        0001492691
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0001492691-24-000087
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Knight-Swift Q3 GAAP EPS $0.19 (-48.6% YoY); revenue $1.88B (-7.1%)
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- GAAP EPS $0.19 vs $0.37; adjusted EPS $0.34 vs $0.41; net income $30.5M, down 49.4%.
- Revenue $1.88B down 7.1%; operating income $81.4M up 0.4%; operating ratio 95.7%.
- LTL rev up 16.7% to $280M; Adj OR 89.6%; opened 16 service centers; DHE acquisition added ~7.5%.
- Guidance: Q4 2024 Adj EPS $0.32-$0.36; Q1 2025 Adj EPS $0.29-$0.33; net capex lowered to $525M-$575M.
- Recorded $12.1M investment write-off; dividend unchanged at $0.16/share; impairments $13.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1492691/000149269124000087/0001492691-24-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1492691/000149269124000087/knx-20241023.htm
  HTML page:      https://secwatch.observer/filing/0001492691-24-000087

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer