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Stock Market & Financial Investment News

News Breaks
April 14, 2014
09:04 EDTKNXKnight Transportation raises Q1 EPS view to 22c-23c from 19c-21c
Consensus 20c. Knight Transportation CEO Kevin Knight said: ''There are several factors that contributed to our expectation of improved results for the first quarter of 2014. During the quarter we experienced greater demand for our capacity. This resulted in year over year improvement in revenue per tractor and growth in our brokerage business. We have also seen strength in the used equipment marketplace, which is resulting in better than expected gain on sale of tractors and trailers. As the trucking environment remains strong we continue to focus on improving production, growing our non-asset based businesses, recruiting and developing driving associates, providing industry-leading service, and intensifying our cost control efforts.''
News For KNX From The Last 14 Days
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October 23, 2014
10:01 EDTKNXOn The Fly: Analyst Upgrade Summary
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09:32 EDTKNXKnight Transportation reports COO steps down from position
Knight Transportation announces, effective October 23, that Keith Knight has relinquished his role as COO of the company. Keith will continue to serve the company on a full time basis, though not as an officer, the company said. The company also disclosed that Randy Knight, one of the company’s Founders and a Director since 1990, resigned from the board, effective October 23, in order to devote his attention to personal and family interests.
08:57 EDTKNXKnight Transportation upgraded to Neutral from Underperform at Credit Suisse
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October 22, 2014
09:02 EDTKNXKnight Transportation reports Q3 EPS 31c, consensus 27c
Reports Q3 revenue $271.5M, consensus $266.63M.

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