Knight Transportation Inc. Reports 21% Increase In Q3 Earnings

(RTTNews) - Knight Transportation Inc. (KNX) reported earnings for its third quarter that climbed compared to the same period last year.

The company said its bottom line rose to $30.28 million, or $0.37 per share. This was up from $25.10 million, or $0.31 per share, in last year's third quarter.

Analysts had expected the company to earn $0.36 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.5% to $300.12 million. This was up from $271.55 million last year.

Knight Transportation Inc. earnings at a glance:

-Earnings (Q3): $30.28 Mln. vs. $25.10 Mln. last year. -Earnings Growth (Y-o-Y): 20.6% -EPS (Q3): $0.37 vs. $0.31 last year. -EPS Growth (Y-o-Y): 19.4% -Analysts Estimate: $0.36 -Revenue (Q3): $300.12 Mln vs. $271.55 Mln last year. -Revenue Change (Y-o-Y): 10.5%