Knight-Swift Transportation Holdings (KNX) reported $1.93 billion in revenue for the quarter ended September 2025, representing a year-over-year increase of 2.7%. EPS of $0.32 for the same period compares to $0.34 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.9 billion, representing a surprise of +1.66%. The company delivered an EPS surprise of -15.79%, with the consensus EPS estimate being $0.38.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Knight-Swift performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Adjusted Operating Ratio: 93.8% versus 93.5% estimated by five analysts on average.
- Operating Ratio: 97.4% compared to the 94.5% average estimate based on five analysts.
- Adjusted Operating Ratio - Logistics: 94.3% versus the four-analyst average estimate of 94.3%.
- Adjusted Operating Ratio - Truckload: 96.2% versus the four-analyst average estimate of 94.4%.
- Revenue, excluding truckload and LTL fuel surcharge: $1.72 billion versus the five-analyst average estimate of $1.68 billion. The reported number represents a year-over-year change of +2.4%.
- Truckload and LTL fuel surcharge: $206.17 million compared to the $201.16 million average estimate based on five analysts. The reported number represents a change of +5.3% year over year.
- Operating revenue- LTL: $394.5 million compared to the $395.14 million average estimate based on three analysts. The reported number represents a change of +21.2% year over year.
- Revenue, excluding fuel surcharge- LTL Segment: $340.49 million versus $343.8 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +21.5% change.
- Operating revenue- Intermodal: $94.08 million versus $95.35 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -8.4% change.
- Revenue, excluding fuel surcharge and intersegment transactions- Truckload Segment: $1.08 billion compared to the $1.08 billion average estimate based on three analysts. The reported number represents a change of -2.1% year over year.
- Operating Revenue- Logistics: $140.4 million versus $135.07 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -2.2% change.
- Operating revenue- Truckload: $1.24 billion compared to the $1.23 billion average estimate based on three analysts. The reported number represents a change of -1.7% year over year.
View all Key Company Metrics for Knight-Swift here>>>
Shares of Knight-Swift have returned +20.3% over the past month versus the Zacks S&P 500 composite's +1.1% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
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Knight-Swift Transportation Holdings Inc. (KNX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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