Knight-Swift (NYSE:KNX) reported its Q1 earnings results on Wednesday, April 20, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Knight-Swift beat estimated earnings by 7.14%, reporting an EPS of $1.35 versus an estimate of $1.26.
Revenue was up $604.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.18 which was followed by a 0.72% increase in the share price the next day.
Here's a look at Knight-Swift's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.43 | 1.07 | 0.87 | 0.69 |
| EPS Actual | 1.61 | 1.30 | 0.98 | 0.83 |
| Revenue Estimate | 1.73B | 1.51B | 1.29B | 1.22B |
| Revenue Actual | 1.82B | 1.64B | 1.32B | 1.22B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Knight-Swift management provided guidance for FY 2022, expecting earnings between $5.2 and $5.4 per share.
To track all earnings releases for Knight-Swift visit their earnings calendar here..
This article was generated by Benzinga's automated content engine and reviewed by an editor.
