Knight-Swift Slashes Q1 EPS Outlook by 70% on Weather & Fuel, Projects Q2 Profit Growth
KNX sits 66% above its 52-week low of $37.7.
Summary
Knight-Swift Transportation significantly lowered its first-quarter adjusted EPS guidance from a previous range of $0.28-$0.32 to $0.08-$0.10 per share, attributing the revision to severe winter weather, higher fuel prices, and an unfavorable arbitration award. Concurrently, the company initiated Q2 adjusted profit guidance, expecting $0.45-$0.49 per share, which would represent a notable increase from $0.35 per share in Q2 2025. While the Q1 guidance cut was previously disclosed via an 8-K filing and news reports yesterday, the Q2 outlook is new and provides forward-looking context. The drastic Q1 revision is a significant negative surprise, but the positive Q2 projection suggests management anticipates a rebound. Traders will be closely watching actual Q1 results and further commentary on the sustainability of the projected Q2 recovery.
At the time of this announcement, KNX was trading at $62.50 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $10.5B. The 52-week trading range was $37.70 to $65.71. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: dpa-AFX.