Knight-Swift (NYSE:KNX) Stock

KNIGHT-SWIFT TRANSPORTATION

Knight-Swift

Knight-Swift is the largest full-truckload carrier in the US, with a diversified transportation offering. Pro forma for the US Xpress deal, about 82% of revenue derives from Knight's asset-based trucking business, with full truckload (for-hire dry van, refrigerated, and dedicated contract) making up 69% and less than truckload 13%. Truck brokerage and other asset-light logistics services make up 9% of revenue, with intermodal near 6%. Knight's intermodal operations use the Class I railroads for the underlying movement of its shipping containers and include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue reflects services offered to shippers and third-party truckers, including equipment maintenance and leasing.

Knight-Swift Transportation Holdings Inc.

Knight-Swift Transportation Holdings Inc

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Oppenheimer cut Autodesk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) price target from $350 to $300. Oppenheimer analyst Ken Wong maintained an Outperform rating. Autodesk shares closed at $243.62 on Monday. See how other analysts <a href="https://www.benzinga.com/quote/ADSK/analyst-ratings">view this stock</a>.</li>
<li>B of A Securities slashed the price target for Dollar Tree, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) from $75 to $70. B of A Securities analyst Robert Ohmes maintained an Underperform rating. Dollar Tree shares closed at $72.84 on Monday. <a href="https://www.benzinga.com/quote/DLTR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird lowered Block, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>) price target from $105 to $80. Baird analyst David Koning maintained an Outperform rating. Block shares closed at $50.47 on Monday. See how other analysts <a href="https://www.benzinga.com/quote/XYZ/analyst-ratings">view this stock</a>.</li>
<li>Wells Fargo cut the price target for Ralph Lauren Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RL#NYSE">RL</a>) from $275 to $240. Wells Fargo analyst Ike Boruchow upgraded the stock from Equal-Weight to Overweight. Ralph Lauren shares closed at $193.17 on Monday. <a href="https://www.benzinga.com/quote/RL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Citigroup cut the price target for Knight-Swift Transportation Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) from $53 to $48. Citigroup analyst Ariel Rosa upgraded the stock from Neutral to Buy. Knight-Swift Transportation shares closed at $39.30 on Monday. <a href="https://www.benzinga.com/quote/KNX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Barclays raised Rocket Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RKT#NYSE">RKT</a>) price target from $10 to $14. Barclays analyst Terry Ma upgraded the stock from Underweight to Equal-Weight. Rocket Companies shares settled at $14.66 on Monday. <a href="https://www.benzinga.com/quote/RKT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan cut Levi Strauss &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEVI#NYSE">LEVI</a>) price target from $19 to $17. JP Morgan analyst Matthew Boss upgraded the stock from Neutral to Overweight. Levi Strauss shares closed at $13.50 on Monday. <a href="https://www.benzinga.com/quote/LEVI/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Jefferies increased Centene Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNC#NYSE">CNC</a>) price target from $53 to $64. Jefferies analyst David Windley upgraded the stock from Underperform to Hold. Centene shares closed at $61.35 on Monday.  <a href="https://www.benzinga.com/quote/CNC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Canaccord Genuity raised the price target for Rhythm Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RYTM#NASDAQ">RYTM</a>) from $81 to $92. Canaccord Genuity analyst Whitney Ijem maintained a Buy rating. Rhythm Pharmaceuticals shares settled at $54.96 on Monday. <a href="https://www.benzinga.com/quote/RYTM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo raised Ross Stores, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROST#NASDAQ">ROST</a>) price target from $140 to $150. Wells Fargo analyst Ike Boruchow upgraded the stock from Equal-Weight to Overweight. Ross Stores shares closed at $127.88 on Monday. <a href="https://www.benzinga.com/quote/ROST/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying ROST stock? Here&#8217;s what analysts think: 
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</ul>
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News

Price Target

Pre-Market Outlook

Markets

Analyst Ratings

Trading Ideas

ADSK

DLTR

LEVI

ROST

RYTM

Ross Stores To Rally More Than 17%? Here Are 10 Top Analyst Forecasts For Tuesday

Citigroup analyst Ariel Rosa upgrades Knight-Swift (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) from Neutral to Buy and lowers the price target from $53 to $48.

Upgrades

Citigroup Upgrades Knight-Swift to Buy, Lowers Price Target to $48

Knight-Swift's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) short percent of float has fallen 28.99% since its last report. The company recently reported that it has 6.15 million shares sold short, which is 3.92% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.03 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Knight-Swift Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1743709524_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Knight-Swift has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Knight-Swift's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Knight-Swift's peer group average for short interest as a percentage of float is 5.28%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

What Does the Market Think About Knight-Swift?

Barclays analyst Brandon Oglenski maintains Knight-Swift (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) with a Overweight and lowers the price target from $68 to $62.

Barclays Maintains Overweight on Knight-Swift, Lowers Price Target to $62

BofA Securities analyst Ken Hoexter downgraded the shares of Knight-Swift&nbsp;Transportation Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) on Tuesday from Buy to Neutral and lowered the <a target="_blank" href="https://www.benzinga.com/quote/KNX/analyst-ratings" rel="noreferrer noopener">price forecast from $66.00 to $46.00.</a>
The revision reflects a reduced valuation multiple of 28x, down from 33x, slightly exceeding the company&#8217;s historical range of 14x-26x.
The stock currently trades at 26.4x the 2025 EPS estimate, which may face additional downward pressure as forecasts decline, said the analyst.
The analyst&#8217;s earnings estimates for KNX have been significantly reduced for the first quarter, second quarter, FY25, and FY26 by 35%, 20%, 17%, and 11% to $0.20, $0.38, $1.65, and $2.95, respectively, from $0.31, $0.48, $2.00, and $3.30.
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The cuts stem from early first-quarter weather disruptions, followed by weakened freight flows amid tariff concerns. 1Q25/2Q25 estimates now fall below the company&#8217;s and consensus targets.
Additionally, truckload spot rates have declined to $1.50 per mile, near breakeven for truckers, signaling broader industry challenges.
KNX is projected to shrink its truckload (TL) fleet by 1.5% sequentially in the first-quarter to 21,900 tractors, exceeding the previously expected 0.8% reduction.
Revenue per mile is anticipated to remain steady at $2.36, with only 1% year-over-year growth in 2025 due to a lack of new contract bid premiums and exposure to volatile spot rates.
KNX is experiencing challenges across its Less-Than-Truckload (LTL), Intermodal, and Logistics divisions. Lower demand is pressuring Intermodal volumes and bid season rates, while the Logistics segment faced early first-quarter struggles before stabilizing later in the quarter.
Weather-related costs are expected to impact LTL results, prompting an upward revision of the first-quarter LTL operating ratio target to 94.6% from 94.1%, concluded the analyst.
Price Action: KNX shares traded lower by 0.16% at $43.43 at last check Tuesday.
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Analyst Color

Equities

Downgrades

General

Knight-Swift Faces Pressure With Lack Of Freight Flows Amid Tariffs, Analyst Downgrades Stock

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Goldman Sachs cut Genuine Parts Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPC#NYSE">GPC</a>) price target from $133 to $114. Goldman Sachs analyst Kate McShane downgraded the stock from Neutral to Sell. Genuine Parts shares closed at $119.14 on Monday.<a href="https://www.benzinga.com/quote/GPC/analyst-ratings"> See how other analysts view this stock.</a></li>
<li>Needham slashed the price target for Vaxcyte, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCVX#NASDAQ">PCVX</a>) from $140 to $90. Needham analyst Joseph Stringer maintained a Buy rating. Vaxcyte shares closed at $37.76 on Monday. See how other analysts <a href="https://www.benzinga.com/quote/PCVX/analyst-ratings">view this stock</a>.</li>
<li>Goldman Sachs raised Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) price target from $384 to $423. Goldman Sachs analyst Kate McShane upgraded the stock from Neutral to Buy. Ulta Beauty shares closed at $366.54 on Monday. <a href="https://www.benzinga.com/quote/ULTA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>TD Securities increased the price target for First Watch Restaurant Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWRG#NASDAQ">FWRG</a>) from $21 to $22. TD Securities analyst Andrew Charles upgraded the stock from Hold to Buy. First Watch Restaurant shares closed at $16.65 on Monday. <a href="https://www.benzinga.com/quote/FWRG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HC Wainwright &amp; Co. raised the price target for BiomX Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHGE#NYSE">PHGE</a>) from $2 to $21. HC Wainwright &amp; Co. analyst Joseph Pantginis maintained a Buy rating. BiomX shares closed at $0.5557 on Monday. <a href="https://www.benzinga.com/quote/PHGE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>D. Boral Capital cut Reviva Pharmaceuticals Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVPH#NASDAQ">RVPH</a>) price target from $15 to $8. D. Boral Capital analyst Jason Kolbert maintained a Buy rating. Reviva Pharmaceuticals shares settled at $0.9538 on Monday. <a href="https://www.benzinga.com/quote/RVPH/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Mizuho cut PBF Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) price target from $28 to $22. Mizuho analyst Nitin Kumar maintained an Underperform rating. PBF Energy shares closed at $19.09 on Monday. <a href="https://www.benzinga.com/quote/PBF/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities raised Travere Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TVTX#NASDAQ">TVTX</a>) price target from $29 to $31. B of A Securities analyst Greg Harrison maintained a Buy rating. Travere Therapeutics shares closed at $17.92 on Monday. &nbsp;<a href="https://www.benzinga.com/quote/TVTX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities slashed the price target for Knight-Swift Transportation Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) from $66 to $46. B of A Securities analyst Ken Hoexter downgraded the stock from Buy to Neutral. Knight-Swift Transportation shares settled at $43.49 on Monday. <a href="https://www.benzinga.com/quote/KNX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies cut Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) price target from $85 to $46. Jefferies analyst Sheila Kahyaoglu downgraded the stock from Buy to Hold. Delta Air shares closed at $43.60 on Monday. <a href="https://www.benzinga.com/quote/DAL/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying ULTA stock? Here&#8217;s what analysts think: 
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Photo via Shutterstock

FWRG

PCVX

PHGE

RVPH

TVTX

ULTA

Ulta Beauty To Rally Over 15%? Here Are 10 Top Analyst Forecasts For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Goldman Sachs analyst Kate McShane downgraded the rating for Genuine Parts Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPC#NYSE">GPC</a>) from Neutral to Sell and slashed the price target from $133 to $114. Genuine Parts shares closed at $119.14 on Monday. <a href="https://www.benzinga.com/quote/GPC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Sheila Kahyaoglu downgraded American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) from Buy to Hold and lowered the price target from $20 to $12. American Airlines shares closed at $10.55 on Monday. <a href="https://www.benzinga.com/quote/AAL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities analyst Joshua Shanker downgraded W. R. Berkley Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRB#NYSE">WRB</a>) from Buy to Neutral and raised the price target from $73 to $74. WR Berkley shares closed at $71.16 on Monday. <a href="https://www.benzinga.com/quote/WRB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Sheila Kahyaoglu downgraded Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) from Buy to Hold and lowered the price target from $85 to $46. Delta Air Lines shares closed at $43.60 on Monday. <a href="https://www.benzinga.com/quote/DAL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities analyst Ken Hoexter downgraded Knight-Swift Transportation Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) from Buy to Neutral and lowered the price target from $66 to $46. Knight-Swift shares closed at $43.49 on Monday.  <a href="https://www.benzinga.com/quote/KNX/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying AAL stock? Here&#8217;s what analysts think: 
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This American Airlines Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday

B of A Securities analyst Ken Hoexter downgrades Knight-Swift (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) from Buy to Neutral and lowers the price target from $66 to $46.

B of A Securities Downgrades Knight-Swift to Neutral, Lowers Price Target to $46

Wells Fargo analyst Christian Wetherbee maintains Knight-Swift (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) with a Overweight and lowers the price target from $65 to $55.

Wells Fargo Maintains Overweight on Knight-Swift, Lowers Price Target to $55

Susquehanna analyst Bascome Majors maintains Knight-Swift (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) with a Positive and lowers the price target from $67 to $54.

Susquehanna Maintains Positive on Knight-Swift, Lowers Price Target to $54

Citigroup analyst Ariel Rosa upgrades Knight-Swift (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) from Sell to Neutral and announces $53 price target.

Citigroup Upgrades Knight-Swift to Neutral, Announces $53 Price Target

The Company's dividend is payable to stockholders of record on March 7, 2025, and is expected to be paid on March 25, 2025.

Dividends

Knight-Swift Transportation Increases Quarterly Cash Dividend From $0.16 To $0.18 Per Share

President Donald Trump's announced tariffs on Canada, Mexico and China could impact many sectors and see retailers and companies raising prices on consumers to offset<a href="https://www.benzinga.com/markets/25/02/43423288/trumps-tariffs-are-here-heres-what-will-get-more-expensive-from-canada-china-and-mexico"> the higher prices.</a>
Here's a look at the sectors and stocks that could be hurt the most by Trump's tariffs and retaliatory efforts by the three countries back on the U.S.
What Happened: Trump <a href="https://www.benzinga.com/government/regulations/25/02/43427091/as-trump-imposes-tariffs-on-americas-3-largest-trading-partners-this-macro-strategist-call">announced 25% tariffs </a>on imports from Canada and Mexico along with a 10% tariffs on items imported from China. Trump and Mexican President Claudia Sheinbaum announced Monday the U.S. tariffs on Mexico have been paused for one month. 
Canada fought back with retaliatory measures on U.S. imports.
Trump said he spoke with Canadian Prime Minister Justin Trudeau and plans to speak to the leader again at 3 p.m. ET Monday.
The tariffs were met with anger in Canada where sports fans booed the playing of &#8220;The Star-Spangled Banner,&#8221; the U.S. national anthem, at NBA and NHL sporting events over the weekend, as reported by <a href="https://deadline.com/2025/02/u-s-national-anthem-booed-nhl-nba-games-canada-tariffs-1236276207/">Deadline</a>.
NBA and NHL games involving teams from both countries typically play national anthems ahead of games.
Goods and Sectors Impacted: Here's a look at the top imports from Canada, Mexico and China that will be impacted if the tariffs stick.
Beer and Spirits: One of the companies that <a href="https://www.benzinga.com/news/global/24/11/42220682/trump-tariffs-on-mexico-could-affect-beer-why-your-modelo-corona-could-cost-more-next-year">could be hit hardest</a> by the tariff news is Constellation Brands Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>), an alcohol company that holds the exclusive U.S. license for several of the top imported beer brands in America. Constellation imports brands like Modelo, Corona and Pacifico from Mexico, where they are brewed by Grupo Modelo, which is a unit of Anheuser-Busch InBev (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>).
Modelo is the top imported beer in the U.S., with Corona ranking second. Heineken and Dos Equis XX, which are imported by Heineken USA, a unit of Heineken NV (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HEINY#OTC">HEINY</a>), ranked third and fourth on the list of top imported beers. Dos Equis is manufactured in Mexico and imported to the U.S.
Constellation stock is down around 40% since it was flagged as a company to see pressure from tariffs back in November.
The U.S. is also a large importer of tequila, a sector that could be hit hard by tariffs on Mexico.
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Automotive: Several automotive companies like Ford Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), General Motors Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) and Honda Motor Co Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) <a href="https://www.benzinga.com/government/regulations/24/12/42688941/are-us-vehicles-under-30000-a-thing-of-the-past-trumps-mexico-tariff-plans-could-change-auto-market">have sub-$30,000 vehicles</a> that are partially or fully built in Mexico and Canada. Tariffs on these countries could quickly make these sub-$30,000 vehicles cost more for consumers and eliminate options in the popular starting price point.
Avocados: American imports over 80% of its avocados from Mexico, which could lead to higher prices ahead of Super Bowl Sunday on Feb. 9, as <a href="https://nypost.com/2025/02/02/us-news/whats-going-to-get-hit-by-trumps-tariffs-avocados-modelo-and-iphones/">reported </a>by the New York Post. Stocks that could be impacted by higher avocado costs are Mission Produce Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVO#NASDAQ">AVO</a>), Calavo Growers, Inc. (NASDDAQ: CVGW) and Limoneira Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>).
Fruits and Vegetables: Canada is the largest supplier of cherry tomatoes for the U.S., which could see higher produce costs for consumers and restaurants.
Smartphones: China is one of the largest exporters of smartphones to the U.S., accounting for an estimated 87% of production according to the report. The iPhone from Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has 95% of production assembled in China as of 2023.
Toys: The Toy Association industry group estimates that 75% of all imported toys come from China, making the sector one area that could be significantly hit by higher tariffs. Hasbro Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) and Mattel Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>) are two stocks that could see pressure with the tariffs impacting one of their key sectors. &nbsp;
Clothing: Imported clothes from e-commerce companies including Shein and PDD Holdings &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) brand Temu will see higher prices with the tariff on China. Canadian clothing companies Aritzia and Lululemon Athletica (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) will also be impacted by the tariff news. 
The footwear portion of the clothing sector could see the biggest impact with the Footwear Distributors &amp; Retailers of America estimating that 99% of shoes sold in the U.S. are imported. Nike Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) could be among the companies hit hardest by the tariff news.
Construction: The American Iron and Steel Institute estimates that 25% of American steel comes from Canada and 12% comes from Mexico, which means steel prices could go up. Canadian lumber is also a large export to the U.S., which makes up around 30% of all lumber the country uses. Other construction items like drywall, lime and gypsum come from Mexico, which will put more pressure on homebuilders. The tariffs could lead to home prices going up and putting further pressure on the sector.
Oil: The U.S. is a large importer<a href="https://www.benzinga.com/news/global/24/12/42300450/trump-told-trudeau-canada-could-avoid-tariffs-by-becoming-51st-state-a-look-at-sectors-trade-war-could-impact"> of Canadian oil.</a> While oil will only see a 10% tariff compared to the 25% on other Canadian goods, the sector could likely see a large impact. Companies like Suncor Energy Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SU#NYSE">SU</a>), Enbridge (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENB#NYSE">ENB</a>), Canadian Natural Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNQ#NYSE">CNQ</a>) and TC Pipelines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRP#NYSE">TRP</a>)&nbsp;could face significant impacts from the tariffs and a potential blow to the sector.
Transportation: Railway company Canadian Pacific Kansas City Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CP#NYSE">CP</a>) and trucking companies Old Dominion Freight Line (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>) and Knight-Swift Transportation Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) could be impacted by the tariffs and negative impact on trade between the United States and Canada.
Retailers: Dollar stores and discount retailers like Dollar Tree (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) could be<a href="https://www.benzinga.com/news/global/24/12/42402629/trump-to-change-dollar-stores-for-good-dollar-tree-exec-says-prepared-to-act"> impacted by the tariffs.</a> Executives warned of the potential impact in late 2024 with the goal of offsetting the higher prices with new product sizes and negotiating lower costs with suppliers. The company also said it would consider stopping the sale of several items due to the planned tariffs.
Price Actions on Monday at publication: The iShares MSCI Canada Index Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWC#NYSE">EWC</a>) is down 1.46% to $40.62.
The iShares MSCI Mexico ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWW#NYSE">EWW</a>) is up 2.12% to $50.02.
The iShares MSCI China ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHI#NASDAQ">MCHI</a>) is down 0.29% to $48.27.
Read Next: 
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<li><a href="https://www.benzinga.com/25/02/43430259/miners-plead-for-collaboration-as-trade-wars-threaten-critical-mineral-supply-chains">Miners Plead For Collaboration As Trade Wars Threaten Critical Mineral Supply Chains</a></li>
</ul>
Photo: Visuals6x via Shutterstock

Politics

Global

Movers

ETFs

AAPL

CVGW

HEINY

LMNR

LULU

MCHI

ODFL

Citigourp Global Markets 2% Protected Notes Linked To The Djia

Why Beer, Tequila, Avocados, Cars, iPhone Prices Could Rise: Trump's Tariffs On Canada, Mexico, China To Hurt Several Sectors

<h3>Gainers</h3>
<ul>
<li>SES AI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SES#NYSE">SES</a>) stock increased by 30.5% to $1.08 during Thursday's pre-market session. The company's market cap stands at $388.0 million. </li>
<li>Stardust Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDST#NASDAQ">SDST</a>) stock increased by 21.7% to $2.35. The company's market cap stands at $112.7 million. </li>
<li>Knight-Swift (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) stock moved upwards by 11.61% to $61.39. The market value of their outstanding shares is at $9.9 billion. As per the press release, Q4 earnings came out yesterday. </li>
<li>LSI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) stock increased by 11.47% to $22.05. The market value of their outstanding shares is at $657.9 million. As per the news, the Q2 earnings report came out today. </li>
<li>OneConstruction Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONEG#NASDAQ">ONEG</a>) shares moved upwards by 10.41% to $2.65. The company's market cap stands at $34.4 million. </li>
<li>Sunrise New Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EPOW#NASDAQ">EPOW</a>) shares increased by 8.5% to $0.97. The market value of their outstanding shares is at $25.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Vertical Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVTL#NYSE">EVTL</a>) stock declined by 37.8% to $5.77 during Thursday's pre-market session. The company's market cap stands at $401.2 million. </li>
<li>ConnectM Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNTM#NASDAQ">CNTM</a>) shares declined by 9.33% to $1.07. The company's market cap stands at $22.7 million. </li>
<li>Mynaric (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYNA#NASDAQ">MYNA</a>) stock declined by 8.49% to $0.5. The company's market cap stands at $12.7 million. </li>
<li>Sentage Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNTG#NASDAQ">SNTG</a>) shares fell 7.41% to $2.0. The company's market cap stands at $5.6 million. </li>
<li>Construction Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROAD#NASDAQ">ROAD</a>) shares decreased by 7.32% to $85.99. The company's market cap stands at $4.8 billion. </li>
<li>American Airlines Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) shares declined by 7.03% to $17.35. The market value of their outstanding shares is at $11.4 billion. As per the press release, Q4 earnings came out today. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CNTM

Sunrise New Energy Co., Ltd - Ordinary Shares

EPOW

EVTL

LYTS

MYNA

ONEG

ROAD

SDST

SNTG

12 Industrials Stocks Moving In Thursday's Pre-Market Session

WIIM

Knight-Swift Transportation shares are trading higher after the company reported better-than-expected Q4 adjusted EPS results.

U.S. stocks were mixed, with the Dow Jones index gaining around 100 points on Thursday.
Shares of Knight-Swift Transportation Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) rose sharply during Thursday's session as the company reported better-than-expected fourth-quarter <a href="https://www.benzinga.com/quote/KNX/earnings">adjusted earnings results</a>.
Knight-Swift reported quarterly earnings of 36 cents per share which beat the analyst consensus estimate of 33 cents per share. The company reported quarterly sales of $1.86 billion which missed the analyst consensus estimate of $1.88 billion.
Knight-Swift Transportation shares gained 5% to $57.77 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Precigen, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGEN#NASDAQ">PGEN</a>) shares surged 20.3% to $1.3600. HC Wainwright &amp; Co. analyst Swayampakula Ramakanth reiterated Precigen with a Buy and raised the price target from $4 to $6.</li>
<li>Evolv Technologies Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVLV#NASDAQ">EVLV</a>) rose 15.4% to $3.7149 as the company provided a positive update on strategic metrics for the three-month period ending December 31, 2024.</li>
<li>MicroVision, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVIS#NASDAQ">MVIS</a>) climbed 15.4% to $1.8350.</li>
<li>TAL Education Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAL#NYSE">TAL</a>) gained 15.3% to $10.53 after the company reported better-than-expected third-quarter financial results.</li>
<li>LSI Industries Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) shares jumped 15% to $22.73 after the company reported better-than-expected second-quarter financial results.</li>
<li>OSI Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSIS#NASDAQ">OSIS</a>) gained 13.8% to $192.43 following upbeat quarterly results.</li>
<li>Himax Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HIMX#NASDAQ">HIMX</a>) shares rose 11.3% to $11.04.</li>
<li>MarineMax, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HZO#NYSE">HZO</a>) jumped 9.7% to $30.67 after the company reported better-than-expected quarterly adjusted EPS results.</li>
<li>Blaize Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZAI#NASDAQ">BZAI</a>) shares gained 9.5% to $6.92.</li>
<li>GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) gained 9.1% to $205.55 following better-than-expected quarterly earnings.</li>
<li>WNS (Holdings) Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WNS#NYSE">WNS</a>) rose 8.4% to $53.68 following strong quarterly sales.</li>
<li>Guidewire Software, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWRE#NYSE">GWRE</a>) gained 7.5% to $197.19. Guidewire Software will replace Arrowhead Pharmaceuticals in the S&amp;P MidCap 400, effective prior to opening of trading on Jan. 27. </li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/25/01/43158901/jim-cramer-says-this-tech-stock-is-speculative-but-he-likes-it">Jim Cramer Says This Tech Stock Is Speculative But He Likes It</a></li>
</ul>

Intraday Update

BZAI

EVLV

GWRE

HIMX

MVIS

OSIS

PGEN

Knight-Swift Transportation Posts Upbeat Earnings, Joins TAL Education, LSI Industries, GE Aerospace And Other Big Stocks Moving Higher On Thursday

Raymond James analyst David Hicks maintains Knight-Swift (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) with a Strong Buy and raises the price target from $62 to $66.

Raymond James Maintains Strong Buy on Knight-Swift, Raises Price Target to $66

U.S. stock futures were mixed on Thursday following Wednesday's rally. Futures of benchmark indices were lower except Dow Jones, which was marginally higher in premarket trade.
After being propelled to the brink of a record closing high on Wednesday the S&amp;P 500 index was poised to open lower according to futures.
The 10-year Treasury note yielded 4.63%, while the two-year note yielded 4.30%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a> indicated a strong 99.5% probability that the Federal Reserve will hold interest rates steady at its upcoming meeting on Jan. 31, 2025.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.52%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.20%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.02%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.19%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) both experienced negative premarket trading on Thursday. SPY fell 0.17% to $605.39, and QQQ declined 0.53% to $528.71, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From The Last Session
U.S. stocks <a href="https://www.benzinga.com/25/01/43152748/sp-500-hits-new-record-fear-among-us-investors-eases-but-fear-greed-index-remains-in-fear-zone">rallied </a>on Wednesday, with the S&amp;P 500 reaching a new all-time high, intraday.
Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) and Procter &amp; Gamble Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) both reported better-than-expected financial results, boosting market sentiment. Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>), however, missed revenue expectations.
On the economic front, the U.S. mortgage applications saw a slight increase, but this had a limited impact on market movement.
While most sectors experienced declines, particularly utilities, real estate, and energy sectors fell the most. However, technology and communication services led gains.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>1.28%</td>
<td>20,009.34</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.61%</td>
<td>6,086.37</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.30%</td>
<td>44,156.73</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.61%</td>
<td>2,303.72</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts
The performance of the &#8216;Magnificent 7&#8217; companies will drive corporate earnings growth, according to the analysts at BlackRock because these firms possess robust balance sheets, significant cash reserves, and negative net debt, enhancing their resilience to rising interest rates.
&#8220;Even in a higher-rate environment, we still think stocks can keep pushing higher as long as fundamentals stay strong,&#8221; the note stated.
BlackRock&#8217;s current stance remains risk-on as it anticipates the broadening of the AI beneficiary pool. However, it will monitor for potential triggers that may necessitate a shift in investment strategy.
According to Jason Goepfert, consultant at White Oak Consultancy and the founder of SentimenTrader, the S&amp;P 500 index was headed toward a rebound from a two-month low to a record high in just seven sessions on Wednesday. However, it didn&#8217;t close at a fresh record.
If the S&amp;P 500 hits a new record high in Thursday&#8217;s session, it will be its second fastest rebound over eight sessions, with the first quickest rebound recorded on June 24, 1998.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Just barely missed yet another 97-year record in the S&amp;P 500. It was on track to cycle from a 2-month low to record high in only 7 sessions. If it does so tomorrow (8 sessions), the only date that had a quicker rebound was Jun 24, 1998.
&mdash; Jason Goepfert (@jasongoepfert) <a href="https://twitter.com/jasongoepfert/status/1882172063668166940?ref_src=twsrc%5Etfw">January 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a> 
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on for the rest of the week:
<ul>
<li>On Thursday, initial jobless claims data till Jan. 18, will be released at 8:30 a.m. ET.</li>
</ul>
<ul>
<li>On Friday, S&amp;P flash services PMI and manufacturing PMI will be released at 9:45 a.m. ET.</li>
</ul>
<ul>
<li>Existing home sales for December and consumer sentiment data for January will be released at 10 a.m., ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) was up 13.03% in premarket on Thursday ahead of its earnings before the opening bell. Analysts expect it to report quarterly earnings of $1.04 per share on revenue of $9.60 billion.</li>
</ul>
<ul>
<li>American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) was up 0.75% as Wall Street expects it to report quarterly earnings of 64 cents per share on revenue of $13.40 billion before the opening bell.</li>
</ul>
<ul>
<li>Union Pacific Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) was up 0.29% ahead of its earnings before the opening bell. Analysts expect it to report quarterly earnings of $2.78 per share on revenue of $6.14 billion.</li>
</ul>
<ul>
<li>Plexus Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLXS#NASDAQ">PLXS</a>) was down 11.43% after it reported lower-than-expected first-quarter sales results and issued second-quarter revenue guidance below estimates.</li>
</ul>
<ul>
<li>Knight-Swift Transportation Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) was up 5.45% in premarket as it posted better-than-expected fourth-quarter adjusted earnings results.</li>
</ul>
<ul>
<li>Vince Holding Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNCE#NYSE">VNCE</a>) was up 47.23% as P180 acquired Sun Capital's majority stake in the company. Brendan Hoffman is expected to become CEO effective Feb. 3, replacing interim CEO David Stefko, who will remain on the board.</li>
</ul>
Commodities, Gold And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 0.13% to hover around $75.34 per barrel.
The gold spot index was down by 0.53% to $2,756.26 per ounce. The Dollar Index was up 0.01% at 108.20 level.
Asian markets closed mixed on Thursday as Hong Kong's Hang Seng, Australia's ASX 200, and South Korea's Kospi index fell. Whereas, China's CSI 300, and Japan's Nikkei 225 index rose. European markets were also mixed.
Read Next:
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<li><a href="https://www.benzinga.com/news/management/25/01/43073354/warren-buffett-openly-called-bitcoin-a-rat-poison-in-2018-7-years-later-he-is-invested-in-this-crypto-linked-stock-which-soared-27-in-2024">Warren Buffett Openly Called Bitcoin A &#8216;Rat Poison&#8217; In 2018. 7 Years Later, He Is Invested In This Crypto-Linked Stock Which Soared 27% In 2024</a></li>
</ul>
Photo courtesy: Shutterstock

Market Summary

Futures

NFLX

PLXS

VNCE

US Stock Futures Trade Mixed After Skirting Record Highs In Last Session: GE Aerospace, American Airlines, Union Pacific In Focus

With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) to report quarterly earnings at $1.04 per share on revenue of $9.60 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. GE Aerospace shares gained 0.1% to $188.50 in after-hours trading.</li>
<li>Plexus Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLXS#NASDAQ">PLXS</a>) reported worse-than-expected first-quarter sales results and issued second-quarter revenue guidance below estimates. Plexus shares dipped 9.5% to $154.23 in the after-hours trading session.</li>
<li>Analysts expect American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) to post quarterly earnings at 64 cents per share on revenue of $13.40 billion. The company will release earnings before the markets open. American Airlines shares gained 1.1% to $18.86 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Knight-Swift Transportation Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) reported better-than-expected fourth-quarter adjusted earnings results. Knight-Swift Transportation shares gained 5.5% to $58.00 in the after-hours trading session.</li>
<li>Analysts expect Union Pacific Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) to post quarterly earnings at $2.78 per share on revenue of $6.14 billion before the opening bell. Union Pacific shares gained 0.6% to $237.15 in after-hours trading.</li>
</ul>
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Earnings

GE Aerospace, American Airlines And 3 Stocks To Watch Heading Into Thursday

Knight-Swift (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) reported its Q4 earnings results on Wednesday, January 22, 2025 at 04:02 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Knight-Swift beat estimated earnings by 9.0%, reporting an EPS of $0.36 versus an estimate of $0.33.
Revenue was down $67.72 million from the same period last year.
<h3>Earnings History Overview</h3>
The company beat on EPS by $0.02 in the previous quarter, leading to a 2.0% drop share price change the next day.
Here's a look at Knight-Swift's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.32</td>
<td>0.28</td>
<td>0.20</td>
<td>0.44</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.34</td>
<td>0.24</td>
<td>0.12</td>
<td>0.09</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>1.91B</td>
<td>1.83B</td>
<td>1.82B</td>
<td>1.97B</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>1.88B</td>
<td>1.85B</td>
<td>1.82B</td>
<td>1.93B</td>
</tr>
</tbody>
</table>

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Guidance</h3>
Knight-Swift management provided guidance for Q2 2025, expecting earnings between $0.46 and $0.5 per share.
To track all earnings releases for Knight-Swift <a href="https://www.benzinga.com/quote/KNX/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Knight-Swift: Q4 Earnings Insights

Press Releases

Knight-Swift Transportation Holdings Inc. Announces Participation in Upcoming Conferences

CleanCore Solutions, Inc. (ZONE) Announces Initial Purchase Agreement with Knight-Swift Transportation (NYSE: KNX), One of North America's Largest Freight Transportation Companies

Knight-Swift Transportation Holdings Inc. Announces Results for Third Quarter 2024

Knight-Swift Transportation Holdings Inc. Announces Quarterly Cash Dividend

Knight-Swift Transportation Holdings Inc. Announces Timing of Fourth Quarter 2024 Earnings Release and Related Conference Call

Knight-Swift Transportation Holdings Inc. Announces Results for Fourth Quarter 2024

Knight-Swift Transportation Holdings Inc. Announces an Increase in Quarterly Cash Dividend

Knight-Swift Transportation Holdings Inc. Announces Appointment of Douglas Col to Board of Directors

Knight-Swift Transportation Holdings Inc. Announces Timing of First Quarter 2025 Earnings Release and Related Conference Call

Knight-Swift Transportation Implements Netradyne's Advanced Artificial Intelligence for Enhanced Fleet Safety

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