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FreightWaves

Business

Business & Economics

Knight-Swift blames trade uncertainty for reduced Q2 outlook, no Q3 guide

FreightWaves
Summary
Nutrition label

83% Informative

Knight-Swift reported adjusted earnings per share of 28 cents for the first quarter .

Company lowered second-quarter adjusted EPS guidance to 30 to 38 cents (from 46 to 50 cents ) Company didn’t provide a third-quarter guide given a lack of visibility.

Truckload unit saw a 4% y/y revenue decline as average tractors in service were down 6% , partially offset by a 2% increase in revenue per tractor.

VR Score

90

Informative language

94

Neutral language

14

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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no affiliate links