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Knight-Swift: Q3 Earnings Snapshot
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PHOENIX (AP) — PHOENIX (AP) — Knight-Swift Transportation Holdings Inc. (KNX) on Wednesday reported third-quarter net income of $118.3 million.

The Phoenix-based company said it had net income of 72 cents per share. Earnings, adjusted for non-recurring costs, were 83 cents per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share.

The trucking company posted revenue of $2.2 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $2.14 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KNX at https://www.zacks.com/ap/KNX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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