Market Overview

Knight-Swift's Earnings: A Preview

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Knight-Swift (NYSE:KNX) will be releasing its next round of earnings this Wednesday, January 27. For all of the relevant information, here is your guide for Wednesday's Q4 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see Knight-Swift reporting earnings of $0.91 per share on sales of $1.28 billion. In the same quarter last year, Knight-Swift reported earnings per share of $0.55 on sales of $1.20 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to match the consensus estimate when it reports Wednesday, EPS would be up 65.45%. Revenue would be up 6.93% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 0.63 0.35 0.35 0.52
EPS Actual 0.79 0.57 0.44 0.55
Revenue Estimate 1.17 B 1.06 B 1.09 B 1.22 B
Revenue Actual 1.21 B 1.06 B 1.12 B 1.20 B

Stock Performance

Over the last 52-week period, shares of Knight-Swift are up 19.69%.

Do not be surprised to see the stock move on comments made during its conference call. Knight-Swift is scheduled to hold the call at 08:00:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings