Earnings Preview: Knight Transportation

On Tuesday, Knight Transportation KNX will release its latest earnings report. Here is Benzinga's Q4 outlook for the company.

Earnings and Revenue

Knight Transportation EPS will likely be at 40 cents per share while revenue will be around $1.36 billion, according to analysts.

In the same quarter last year, Knight Transportation reported EPS of 29 cents per share on revenue of $289 million. If the company were to match the consensus estimate when it reports Tuesday, earnings would be up 37.93 percent. Revenue would be up 370.43 percent from the same quarter last year.

Here's how the company's reported EPS has compared to analyst estimates in the past:

Q4 EPS Estimate: 40 cents per share
Q4 Revenues Estimate: $1 billion

Stock Performance

Shares of Knight Transportation were trading at $46.68 as of Jan. 30. Over the last 52-week period, shares are up 41.67 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts have been rating Knight Transportation stock as Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

The Knight Transportation's Q4 conference call is scheduled to begin at 4:00 p.m. ET.