Knight-Swift cuts Q1 2026 adjusted EPS guidance to $0.08-$0.10; Q2 seen at $0.45-$0.49
Knight-Swift lowered its first-quarter 2026 adjusted EPS guidance to $0.08 to $0.10 from the previously announced $0.28 to $0.32. The company attributed the cut to an LTL claims charge, a deferred warehousing project, a Mexico VAT decision, and winter weather and fuel costs. It also introduced second-quarter 2026 adjusted EPS guidance of $0.45 to $0.49, which it said reflects a larger than normal sequential increase.
Key points
- Q1 2026 adjusted EPS now expected at $0.08 to $0.10, versus a prior expectation of $0.28 to $0.32.
- LTL claims development reduced Q1 EPS by $0.08 per share, primarily from a large unfavorable arbitration award on a 2022 incident.
- Q1 also absorbed a $0.05 per share warehousing project deferral, a $0.02 per share Mexico VAT decision, and an estimated $0.05 to $0.06 per share from winter weather and fuel prices.
- Q2 2026 adjusted EPS guidance is $0.45 to $0.49.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 16, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.