Knight-Swift Transporation Beats
Knight-Swift Transporation (KNX) reported 3rd Quarter September 2020 earnings of $0.79 per share on revenue of $1.2 billion. The consensus earnings estimate was $0.63 per share on revenue of $1.1 billion. The Earnings Whisper number was $0.67 per share. Revenue grew 0.8% on a year-over-year basis.
The company said in its earnings presentation it now expects 2020 earnings of $2.68 to $2.72 per share. The company's previous guidance was earnings of $2.15 to $2.30 per share and the current consensus earnings estimate is $2.31 per share for the year ending December 31, 2020. The company also said it expects 2021 earnings of $3.20 to $3.40 per share. The current consensus earnings estimate is $2.78 per share for the year ending December 31, 2021.
Knight Transportation, Inc., is a provider of multiple truckload transportation services. Its services include dry van truckload, temperature-controlled truckload, truckload services, drayage, intermodal, and truckload freight brokerage services.
Knight-Swift Transportation Holdings Inc. Announces Results for Third Quarter 2020
PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE:KNX), North America’s largest truckload transportation company, has issued its earnings release for the quarter ended September 30, 2020. The release is currently available on Knight-Swift's investor relations website: http://investor.knight-swift.com/events and will be filed with the SEC on a Form 8-K.
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Knight-Swift Transportation Holdings Inc.
David A. Jackson, President and CEO
Adam W. Miller, CFO
Source: Knight-Swift Transportation Holdings Inc.