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Knight-Swift Transportation falls after guidance disappoints

  • Shares of Knight-Swift Transportation (NYSE:KNX) are down 1.44% in premarket trading after the company's revenue fell 5.5% in Q1 to miss the consensus estimate.
  • Investors also have their eyes on Knight-Swift's profit guidance. The company lowered its Q2 EPS outlook to $0.62 to $0.64 from $0.62 to $0.66 and set Q3 EPS guidance at $0.62 to $0.66 vs. $0.67 consensus.
  • Previously: Knight-Swift Transportation beats by $0.03, misses on revenue (April 24)

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Knight-Swift Transportation Holdings Inc.