Knight-Swift Transportation Holdings Inc. (KNX) on Wednesday reported a first-quarter net loss of $1.32 million or $0.01 per share, compared to net income of $30.64 million or $0.19 per share last year.
Adjusted net income for the quarter was $14.26 million or $0.09 per share, compared to $45.37 million or $0.28 per share last year.
Total revenues for the quarter gained 1.4% to $1.850 billion, compared to $1.824 billion last year. Consolidated revenue, excluding truckload and LTL fuel surcharge, was essentially flat at $1.638 billion, compared to $1.632 billion last year.
Looking forward, the company expects adjusted earnings per share of $0.45 to $0.49 for the second quarter of 2026.
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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.