Knight Transportation Inc. (KNX) reported third quarter net income of $13.1 million, compared to $16.0 million in the same period last year. Net income per share for the quarter was $0.16, compared to $0.19 in last year period.
On average, 19 analysts polled by Thomson Reuters expected the company to report earnings of $0.16 per share. Analysts' estimates typically exclude special items.
Primarily due to decreased fuel surcharge revenue, total revenue for the quarter decreased 17.4%, to $173.1 million from $209.7 million in the year-ago period. Twelve Wall Street analysts expected revenues of $164.64 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.