Knight-Swift Transportation Holdings Sees Prelim. Q1 2024 Adj. EPS $0.11-$0.12 Vs $0.29 Est.
Portfolio Pulse from Benzinga Newsdesk
Knight-Swift Transportation Holdings announced a preliminary adjusted EPS for Q1 2024 in the range of $0.11-$0.12, significantly below the estimated $0.29.
April 17, 2024 | 1:10 pm
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Knight-Swift Transportation Holdings projects a lower-than-expected adjusted EPS for Q1 2024, indicating potential challenges or lower performance.
The significant shortfall in projected EPS compared to estimates suggests operational or market challenges that could negatively impact investor sentiment and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100