Knight-Swift Q2 EPS $0.49 Misses $0.57 Estimate, Sales $1.55B Miss $1.60B Estimate
Portfolio Pulse from Benzinga Newsdesk
Knight-Swift (NYSE:KNX) reported Q2 earnings of $0.49 per share, missing the analyst consensus estimate of $0.57 by 14.04%. This is a 65.25% decrease from the same period last year. The company also reported quarterly sales of $1.55 billion, missing the analyst consensus estimate of $1.60 billion by 2.94%. This is a 20.81% decrease from the same period last year.
July 20, 2023 | 8:04 pm
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Knight-Swift's Q2 earnings and sales missed estimates, marking a significant decrease from the same period last year.
Knight-Swift's earnings and sales for Q2 have both missed estimates, and have significantly decreased compared to the same period last year. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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