Knight-Swift Transportation Holdings Inc. reports results for the quarter ended September 30 - Earnings Summary

• Knight-Swift Transportation Holdings Inc. KNX.N reported quarterly adjusted earnings of 83 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of twenty analysts for the quarter was for earnings of 76 cents per share. Wall Street expected results to range from 71 cents to 81 cents per share.

• Revenue rose 14.2% to $2.20 billion from a year ago; analysts expected $2.15 billion.

• Knight-Swift Transportation Holdings Inc.'s reported EPS for the quarter was 72 cents​.

• The company reported quarterly net income of $118.27 million.

• Knight-Swift Transportation Holdings Inc. shares had fallen by 0.5% this quarter and gained 21.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.8% in the last three months.​

• In the last 30 days, eight analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the ground freight & logistics peer group is also "buy"

• Wall Street's median 12-month price target for Knight-Swift Transportation Holdings Inc. is $88.50, about 28.6% above its last closing price of $63.20

This summary was machine generated from LSEG data October 21 at 09:03 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)