Knight-Swift Transportation Holdings Inc (KNX, Financial) is set to release its Q3 2024 earnings on Oct 23, 2024. The consensus estimate for Q3 2024 revenue is $1.91 billion, and the earnings are expected to come in at $0.28 per share. The full year 2024's revenue is expected to be $7.49 billion and the earnings are expected to be $0.71 per share. More detailed estimate data can be found on the Forecast page.
Knight-Swift Transportation Holdings Inc (KNX, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Knight-Swift Transportation Holdings Inc (KNX) for the full year 2024 have declined from $7.62 billion to $7.49 billion, and for 2025, from $8.16 billion to $7.96 billion. Earnings estimates have also seen a reduction, with 2024 estimates dropping from $1.10 per share to $0.71 per share and 2025 estimates from $2.66 per share to $2.18 per share.
Knight-Swift Transportation Holdings Inc (KNX, Financial) Reported History
In the previous quarter of June 30, 2024, Knight-Swift Transportation Holdings Inc's (KNX) actual revenue was $1.85 billion, which beat analysts' revenue expectations of $1.83 billion by 0.65%. Knight-Swift Transportation Holdings Inc's (KNX) actual earnings were $0.13 per share, which missed analysts' earnings expectations of $0.24 per share by -45.61%. After releasing the results, Knight-Swift Transportation Holdings Inc (KNX) was up by 6.27% in one day.
Knight-Swift Transportation Holdings Inc (KNX, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 18 analysts, the average target price for Knight-Swift Transportation Holdings Inc (KNX) is $55.78 with a high estimate of $72 and a low estimate of $44. The average target implies an upside of 6.73% from the current price of $52.26.
Based on GuruFocus estimates, the estimated GF Value for Knight-Swift Transportation Holdings Inc (KNX, Financial) in one year is $60.68, suggesting an upside of 16.11% from the current price of $52.26.
Based on the consensus recommendation from 20 brokerage firms, Knight-Swift Transportation Holdings Inc's (KNX, Financial) average brokerage recommendation is currently 2.4, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
