PHOENIX (AP) — PHOENIX (AP) — Knight-Swift Transportation Holdings Inc. (KNX) on Wednesday reported a loss of $1.3 million in its first quarter.
The Phoenix-based company said it had a loss of 1 cent per share. Earnings, adjusted for one-time gains and costs, came to 9 cents per share.
The trucking company posted revenue of $1.85 billion in the period, matching Street forecasts.
For the current quarter ending in June, Knight-Swift expects its per-share earnings to range from 45 cents to 49 cents.
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