First look: Knight-Swift Q4 earnings miss mark

Knight-Swift Transportation reported a headline net loss of 6.8million,or4centspershare,forthefourthquarteronWednesdayafterthemarketclosed.Theresultincluded6.8 million, or 4 cents per share, for the fourth quarter on Wednesday after the market closed. The result included 52.9 million in noncash charges stemming from its recent decision to roll the Abilene Motor Express brand under Swift Transportation. Excluding all one-time charges, adjusted EPS was 31 cents, 5 cents worse year over year and 4 cents below the consensus estimate. Consolidated revenue of 1.86billionwasshyofthe1.86 billion was shy of the 1.9 billion c ...

First look: Knight-Swift Q4 earnings miss mark - Reportify