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home / news releases / KNX - Knight-Swift Q4: Risk Reward Situation Still Not Favorable


KNX - Knight-Swift Q4: Risk Reward Situation Still Not Favorable

2024-01-26 03:45:03 ET

Summary

  • Knight-Swift's risk/reward situation is unfavorable, trading at 20x forward earnings.
  • 4Q23 results were mixed, with declining revenue and unprofitable intermodal operations.
  • Uncertain outlook, absence of FY24 guidance, and labor union negotiations contribute to a cautious stance.

Overview

For further details see:

Knight-Swift Q4: Risk Reward Situation Still Not Favorable
Stock Information

Company Name: Knight-Swift Transportation Holdings Inc.
Stock Symbol: KNX
Market: NYSE
Website: knight-swift.com

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