Trade with Eva: Analytics in action >>

Thursday, July 26, 2018

=Knight-Swift (KNX) reported earnings on Thur 26 July 2018 (b/o)

Knight-Swift misses by $0.01, revs in-line; guides Q3 in-line and Q4 EPS slightly below consensus 
  • Reports Q2 (Jun) earnings of $0.56 per share, excluding non-recurring items, $0.01 worse thanthe Capital IQ Consensus of $0.57; revenues $1.33 bln vs the $1.33 bln Capital IQ Consensus.
  • Co issues in-line guidancefor Q3, sees EPS of $0.56-0.60, excluding non-recurring items, vs. $0.59 Capital IQ Consensus Estimate and downside guidance for Q4 (Dec), sees EPS of $0.68-0.72, excluding items, vs. $0.73 Capital IQ Consensus Estimate.
  • "Swift Intermodal continues to show sequential and year-over-year improvements since the merger between Knight and Swift. Additionally, Knight Logistics continues to grow load count as well as operating income. We have a team working on identified opportunities to improve profitability within our Swift Refrigerated segment, and we expect to make progress in the second half of 2018."

No comments:

Post a Comment