Knight-Swift (KNX) Q4 Adjusted EPS Misses Estimates at 31 Cents, Revenue Falls Short

Knight-Swift Transportation (NYSE: KNX) reported a net loss of $6.8 million, or 4 cents per share, for the fourth quarter, citing $52.9 million in noncash charges from retiring the Abilene Motor Express brand. Excluding one-time items, adjusted earnings were 31 cents per share, 4 cents below consensus and 5 cents lower than year-ago levels. Consolidated revenue reached $1.86 billion, missing the $1.9 billion estimate. Operating margins declined year over year across all segments except intermodal, which remained unprofitable despite improvement. The company issued first-quarter adjusted EPS guidance of 28 to 32 cents, in line with the current consensus of 31 cents. Knight-Swift will discuss results on a conference call at 4:30 p.m. EST on January 21, 2026.