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Knight-Swift Transportation Holdings Inc. (KNX) reported second quarter adjusted earnings per share of $0.57, compared to $0.58, prior year. On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $0.35, for the quarter. Analysts' estimates typically exclude special items.


RTTNews | Jul 22, 2020 09:21AM EDT

09:20 Wednesday, July 22, 2020 (RTTNews.com) - Knight-Swift Transportation Holdings Inc. (KNX) reported second quarter adjusted earnings per share of $0.57, compared to $0.58, prior year. On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $0.35, for the quarter. Analysts' estimates typically exclude special items.

Second quarter total revenue declined 14.6% to $1.06 billion. Revenue, excluding trucking fuel surcharge, was down 11.1% to $997.60 million. Analysts expected revenue of $1.06 billion for the quarter.

Shares of Knight-Swift Transportation were up nearly 4% in pre-market trade on Wednesday.

Read the original article on RTTNews ( https://www.rttnews.com/3113238/knight-swift-transportation-q2-profit-tops-estimates-revenue-down-14-6.aspx)

For comments and feedback: contact editorial@rttnews.com

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