Swift Transportation Company Announces Results for Third Quarter 2016
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Swift Transportation (SWFT) PT Bumped to $24 at Stifel Following Solid Q3
October 25, 2016 9:49 AM EDTStifel analyst John Larkin reiterated a Buy rating and bumped his price target on Swift Transportation (NYSE: SWFT) to $24.00 (from $23.00) following Q3 results.
Larkin highlighted:
The truckload segment posted a 4% y/y contraction in revenue (excluding fuel surcharges) to $469 million, and a 140... MoreUPDATE: UBS Upgrades Swift Transportation (SWFT) to Buy
October 25, 2016 6:46 AM EDT(Updated - October 25, 2016 8:20 AM EDT)
UBS upgraded Swift Transportation (NYSE: SWFT) from Neutral to Buy with a price target of $24. Analyst Thomas Wadewitz said Q3 results showed solid execution.
"On Monday night SWFT reported upside 3Q results of $0.34/share versus Consensus of... More
Swift Transportation (SWFT) Tops Q3 EPS by 2c; Reaffirms
October 24, 2016 4:03 PM EDTSwift Transportation (NYSE: SWFT) reported Q3 EPS of $0.34, $0.02 better than the analyst estimate of $0.32. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $1.03 billion.
Swift Transportation reaffirmed FY2016 guidance.
For earnings history and earnings-related data on Swift Transportation (SWFT) click here.
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