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Swift Transportation Co (SWFT.N)

SWFT.N on New York Stock Exchange

25.05USD
24 Apr 2017
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$0.67 (+2.75%)
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Latest Key Developments (Source: Significant Developments)

Swift Transportation Company adjusted EPS was $0.07
Monday, 24 Apr 2017 04:01pm EDT 

April 24 (Reuters) - Swift Transportation Co ::Swift Transportation Company announces results for first quarter 2017.Qtrly consolidated diluted eps was $0.04 and adjusted EPS was $0.07.Swift Transportation qtrly operating revenue $963.8 million versus $967.8 million; qtrly consolidated average operational truck count fell by 225 trucks from Q416.  Full Article

Swift transportation upon termination of merger agreement co to pay Knight $89.1 million
Thursday, 13 Apr 2017 04:38pm EDT 

Knight Transportation Inc : Swift Transportation - upon termination of merger agreement under certain specified circumstances, co to pay Knight a termination fee of $89.1 million .Swift Transportation-upon termination of merger agreement under certain specified circumstances, Knight to pay co termination fee of $75.3 million.  Full Article

Swift Transportation announces anticipated range for Q1 earnings
Monday, 10 Apr 2017 07:02am EDT 

Swift Transportation Co : Swift Transportation announces anticipated range for first quarter 2017 earnings . Sees Q1 2017 adjusted earnings per share $0.11 to $0.12 . Says freight volumes in Q1 did not materialize to extent anticipated . "we are cautiously optimistic about back half of 2017" . Sees Q2 EPS to be in range of $0.16 - $0.21 and adjusted EPS to be in range of $0.18 - $0.23 . Q1 earnings per share view $0.13 -- Thomson Reuters I/B/E/S .Q2 earnings per share view $0.25 -- Thomson Reuters I/B/E/S.  Full Article

Knight Transportation and Swift Transportation announce all stock transaction with a combined enterprise value of $6 bln
Monday, 10 Apr 2017 07:00am EDT 

Knight Transportation Inc : Knight Transportation and Swift Transportation announce all stock transaction with a combined enterprise value of $6 billion . Deal expected to be accretive to adjusted EPS . Knight Transportation Inc - Under terms each Swift share will convert into 0.72 shares of Knight-Swift by means of a reverse stock split . Companies to maintain distinct brands and operations . Knight Transportation Inc - Implied value per share of Swift is $22.07 . Knight Transportation Inc- Transaction is expected to be accretive to adjusted earnings per share . Knight Transportation - Deal with expected pre-tax synergies of approximately $15 million in second half of 2017, $100 million in 2018, and $150 million in 2019 . Knight Transportation Inc - Swift stockholders will own about 54 percent and Knight stockholders will own approximately 46 percent of combined company . Knight Transportation - New co will remain headquartered in Phoenix, Arizona operating with about 23,000 tractors, 77,000 trailers, and 28,000 employees . Knight Transportation Inc - Post-closing, Knight-Swift expects to pay its stockholders quarterly dividends of $0.06 per share . Knight Transportation Inc - Companies expect net capital expenditures to be approximately $345 million to $410 million for full year 2017 . Board of directors of Knight-Swift will comprise all Knight directors and four current Swift directors.  Full Article

Truckers Swift and Knight to merge - WSJ
Monday, 10 Apr 2017 12:15am EDT 

:Swift Transportation is merging with Knight Transportation in stock swap; Cos together are worth more than $5 billion - WSJ.  Full Article

Swift Transportation says could get into low end of previously Q1 EPS ranges of $0.11 to $0.16 for GAAP EPS, $0.13 to $0.18 for adjusted EPS
Wednesday, 8 Mar 2017 05:18pm EST 

Swift Transportation Co : Swift Transportation -could get into low end of previously provided EPS ranges for Q1, which were $0.11 to $0.16 for GAAP EPS and $0.13 to $0.18 for adjusted EPS . Swift transportation - "at this time, we are maintaining our guidance for Q2 of 2017, likely leaning towards lower end of that range" - sec filing .Q2 earnings per share view $0.27, revenue view $1.02 billion -- Thomson Reuters I/B/E/S.  Full Article

Swift Transportation says anticipate Q2 2017 ranges for GAAP diluted EPS of $0.23 to $0.28
Friday, 9 Dec 2016 10:50am EST 

Swift Transportation Co : anticipate Q2 2017 ranges for GAAP diluted EPS of $0.23 to $0.28 . as of Dec 9, 2016, anticipate Q1 2017 ranges for GAAP diluted EPS of $0.11 to $0.16 and adjusted EPS of $0.13 to $0.18 . anticipate Q2 2017 ranges for adjusted EPS of $0.25 to $0.30 .as of December 9, 2016, expect to be in lower half of our previously disclosed guidance ranges for year.  Full Article

Swift Transportation qtrly earnings per share $0.32
Thursday, 21 Jul 2016 04:05pm EDT 

Swift Transportation Co : Qtrly earnings per share $ 0.32 . Qtrly adjusted earnings per share $ 0.34 . For the full year, expect net cash capital expenditures to be in the range of $170-$200 million . Anticipate full year 2016 gaap diluted EPS to be in range of $1.23-$1.33, adjusted EPS expectation to be in range of $1.30-$1.40 . Fy2016 earnings per share view $1.38, revenue view $4.09 billion -- Thomson Reuters I/B/E/S . Qtrly operating revenue $1.01 billion versus $ 1.06 billion .Q2 earnings per share view $0.30, revenue view $1.01 billion -- Thomson Reuters I/B/E/S.  Full Article

Swift Transportation says FY 2016 guidance range for adjusted EPS remains at $1.45 - $1.55
Tuesday, 7 Jun 2016 02:45pm EDT 

Swift Transportation Co : Says As Of June 7, 2016, Full Year 2016 guidance range for adjusted EPS remains at $1.45 - $1.55 . As of june 7, FY 2016 guidance range for adjusted eps remains at $1.45 – $1.55, unchanged from range previously disclosed .Fy2016 earnings per share view $1.46 -- Thomson Reuters I/B/E/S.  Full Article

Swift Transportation Co announces $150 mln stock repurchase authorization
Monday, 22 Feb 2016 05:17pm EST 

Swift Transportation Co:Announces $150 million stock repurchase authorization.Says approved the repurchase of up to $150 million of the company's outstanding class a common stock.Says special committee recommended to the board the repurchase should occur over the next 12 months.  Full Article

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BRIEF-Swift Transportation Company adjusted EPS was $0.07

* Swift Transportation Company announces results for first quarter 2017