Knight-Swift Transportation exceeded revenue expectations in Q1 with $1.82 billion in sales

From Barchart: 2025-04-23 17:25:00

Knight-Swift Transportation (NYSE:KNX) exceeded revenue expectations in Q1 CY2025 with $1.82 billion in sales, although flat year on year. Non-GAAP profit per share was $0.28, beating analyst estimates by 18.7%. The company’s guidance for Q2 CY2025 is an adjusted EPS of $0.34, below expectations. Overall, the market capitalization is $6.32 billion. Ground transportation companies like Knight-Swift are benefiting from the growth in e-commerce and global trade. Despite some slowing demand, Knight-Swift’s historical sales growth of 9.2% annually over five years has outperformed the industry. In Q1, the company’s revenue was flat year on year but beat estimates by 1.6%. Looking ahead, analysts expect a 4.3% revenue growth over the next 12 months.



Read more at Barchart: Knight-Swift Transportation (NYSE:KNX) Posts Better-Than-Expected Sales In Q1