Knight-swift transportation holdings inc. announces q1 2020 results

. announces results for first quarter 2020.qtrly gaap earnings per share $0.38.qtrly adjusted eps was $0.44.qtrly total revenue $1.12 billion, down 6.6%.q1 earnings per share view $0.35, revenue view $1.09 billion -- refinitiv ibes data.currently do not have plans to change the amount or frequency of the dividend.knight-swift transportation - during q1, invested about $2.3 million of incremental expenses associated with drivers, terminal employees.knight-swift transportation - as of march 31, had a balance of $621.7 million of unrestricted cash and available liquidity.knight-swift transportation - do not foresee material liquidity constraints or any issues with ongoing ability to meet debt covenants.knight-swift transportation - suspending its previously announced annual guidance for 2020.knight-swift transportation - trucking segment had adjusted operating ratio of 86.5% in q1, a 20 basis point improvement.knight-swift transportation - rates, volumes were pressured during q1, but cost management contributed to operating efficiencies.
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