Knight Transportation (KNX) Tops Q3 EPS by 23c, Updates Guidance

Knight Transportation (NYSE: KNX) reported Q3 EPS of $1.30, $0.23 better than the analyst estimate of $1.07. Revenue for the quarter came in at $1.64 billion versus the consensus estimate of $1.51 billion.

GUIDANCE:

Knight Transportation sees FY2021 EPS of $4.50-$4.55, versus the consensus of $4.01.

• — We expect that Adjusted EPS4 for full-year 2021 will range from $4.50 to $4.55, which is an update from our previously-disclosed range of $3.90 to $4.05. Our expected Adjusted EPS4 range considers the expected future earnings of ACT and UTXL and is also based on the current truckload, LTL, and general market conditions, recent trends, and the current beliefs, assumptions, and expectations of management (including those referenced in the third quarter 2021 earnings presentation posted on our website).

For earnings history and earnings-related data on Knight Transportation (KNX) click here.

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