Knight-Swift KNX is preparing to release its quarterly earnings on Wednesday, 2024-10-23. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Knight-Swift to report an earnings per share (EPS) of $0.33.
Anticipation surrounds Knight-Swift's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Historical Earnings Performance
During the last quarter, the company reported an EPS missed by $0.04, leading to a 6.27% increase in the share price on the subsequent day.
Here's a look at Knight-Swift's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.28 | 0.20 | 0.44 | 0.36 |
EPS Actual | 0.24 | 0.12 | 0.09 | 0.41 |
Price Change % | 6.0% | -3.0% | 2.0% | 12.0% |
Market Performance of Knight-Swift's Stock
Shares of Knight-Swift were trading at $52.26 as of October 21. Over the last 52-week period, shares are up 5.44%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Knight-Swift visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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