Knight-Swift positioned to perform in H2; LTL provides spark in Q2

A Knight Transportation sleeper van on the highway

Knight-Swift Transportation announced better-than-expected second-quarter results Wednesday after the market closed. The company saw revenue and margin improvement in each of its operating segments, with the less-than-truckload unit providing the biggest upside surprise.

Knight-Swift (NYSE: KNX) reported adjusted earnings per share of $1.41, 6 cents ahead of the consensus estimate and 43 cents higher year over year. The result included a 16-cent-per-share mark-to-market adjustment tied to an...

https://www.freightwaves.com/news/knight-swift-positioned-to-perform-in-h2-ltl-provides-spark-in-q2

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