First glance: Knight-Swift falls short of Q4 earnings expectations

Knight-Swift Reports Fourth Quarter Loss

Knight-Swift Transportation disclosed a net loss of $6.8 million, or $0.04 per share, for the fourth quarter after markets closed on Wednesday. This figure reflects $52.9 million in noncash charges related to the company’s recent move to integrate the Abilene Motor Express brand into Swift Transportation. Without these one-time expenses, adjusted earnings per share stood at $0.31, which is $0.05 lower than the same period last year and $0.04 below analyst expectations.

The company’s total revenue reached $1.86 billion, falling short of the anticipated $1.9 billion. All business segments, except for intermodal, experienced a decline in operating margins compared to the previous year. While intermodal performance improved, the segment still posted a minor loss for the quarter.

Knight-Swift’s Key Performance Indicators – Consolidated

Guidance and Upcoming Earnings Call

Knight-Swift (NYSE: KNX) provided first-quarter earnings guidance, projecting earnings per share between $0.28 and $0.32, which encompasses the consensus estimate of $0.31. The company is scheduled to hold a conference call at 4:30 p.m. EST on Wednesday to review its fourth-quarter results.

Knight-Swift’s Key Performance Indicators – Truckload

Knight-Swift’s Key Performance Indicators – LTL

Knight-Swift’s Key Performance Indicators – Logistics & Intermodal