Knight-Swift raises outlook for 2020, 2021 well ahead of forecasts

Swift truck on highway

In a rare move, Knight-Swift Transportation Holdings Inc. (NYSE: KNX) issued full-year 2021 guidance a full quarter ahead of schedule. The Phoenix-based truckload (TL) and transportation provider said it expects 2021 adjusted earnings per share (EPS) to be in the range of $3.20 to $3.40, well ahead of the current consensus estimate of $2.90 according to Seeking Alpha.

On Wednesday, the company posted third-quarter adjusted EPS of 79 cents, ahead of the consensus estimate of 64 cents and the 2019...

https://www.freightwaves.com/news/knight-swift-raises-outlook-for-2020-2021-well-ahead-of-forecasts

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