Previous Close | 50.78 |
Open | 46.01 |
Bid | 0.00 x 1000 |
Ask | 0.00 x 1100 |
Day's Range | 45.79 - 49.36 |
52 Week Range | 45.73 - 60.99 |
Volume | |
Avg. Volume | 2,104,066 |
Market Cap | 7.814B |
Beta (5Y Monthly) | 1.00 |
PE Ratio (TTM) | 36.22 |
EPS (TTM) | 1.34 |
Earnings Date | Apr 24, 2024 |
Forward Dividend & Yield | 0.64 (1.26%) |
Ex-Dividend Date | Mar 07, 2024 |
1y Target Est | 61.80 |
Shares of U.S. trucking firms fell on Wednesday, after dismal quarterly numbers from JB Hunt Transport Services and Knight-Swift Transportation Holdings signaled a longer wait for a rebound in the freight industry. Freight companies have been grappling with reduced transport volumes on account of a shift in consumer spending from goods to services, combined with global shipping delays. In what TD Cowen analysts called an "ominous start for transport earnings", JB Hunt missed first-quarter estimates on Tuesday as it struggled with weak demand for intermodal services — its biggest segment.
Knight-Swift (KNX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
PHOENIX, April 17, 2024--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift", the "Company", or "we") today announced an update to its earnings guidance for the first and second quarters of 2024.