Knight-Swift Cuts Q1 EPS Guidance to $0.08‑$0.10

Knight-Swift Transportation cut Q1 2026 adjusted EPS guidance to $0.08‑$0.10, down from $0.28‑$0.32, missing analyst estimate of $0.26.
The downgrade stems from $0.08 per share claim loss in LTL, $0.05 warehousing deferment, $0.02 Mexico VAT decision, plus $0.05‑$0.06 weather/fuel impacts.
For Q2 2026, the company projects adjusted EPS $0.45‑$0.49, in line with analyst $0.48, citing non‑recurring Q1 events and improving freight fundamentals.
CEO Adam Miller said winter weather and fuel cost headwinds revealed reduced truckload capacity, accelerating supply contraction.