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Knight-Swift Transportation Holdings Full Year 2022 Earnings: EPS Misses Expectations

Knight-Swift Transportation Holdings (NYSE:KNX) Full Year 2022 Results

Key Financial Results

  • Revenue: US$7.43b (up 24% from FY 2021).

  • Net income: US$771.3m (up 3.8% from FY 2021).

  • Profit margin: 10% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses.

  • EPS: US$4.75 (up from US$4.48 in FY 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Knight-Swift Transportation Holdings EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.4%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 5.2% growth forecast for the Transportation industry in the US.

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Performance of the American Transportation industry.

The company's shares are up 4.7% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Knight-Swift Transportation Holdings that you need to be mindful of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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