Knight-Swift Transportation beat third-quarter expectations Wednesday after the market closed. Guidance introduced for the first quarter was worse than expected.
Knight-Swift (NYSE: KNX) reported adjusted earnings per share of 34 cents, which compared favorably to the consensus estimate of 32 cents and management’s guidance of 31 to 35 cents. The result was 7 cents lower year over year.
The company reiterated fourth-quarter adjusted EPS guidance of 32 to 36 cents, which bookended a 34-cent...
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