Knight-Swift shares are trading lower after the company reported worse-than-expected Q2 earnings results and cut 2023 EPS outlook.
Portfolio Pulse from Benzinga Newsdesk
Knight-Swift Transportation Holdings Inc. reported lower than expected Q2 earnings and reduced its 2023 EPS outlook, leading to a decrease in its share price.
July 21, 2023 | 9:47 am
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Knight-Swift's shares are expected to face downward pressure in the short term due to worse-than-expected Q2 earnings and a cut in 2023 EPS outlook.
Knight-Swift's shares are trading lower after the company reported worse-than-expected Q2 earnings results and cut 2023 EPS outlook. This negative financial performance is likely to impact investor sentiment and put downward pressure on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100