Swift Transportation Q1 Profit Declines - Quick Facts

(RTTNews) - Swift Transportation Co. (SWFT) Thursday reported first-quarter profit of $12.3 million or $0.09 per share, down from $30.3 million or $0.21 per share in the same period last year.

Adjusted earnings for the quarter was $0.12 per share, down from $0.24 per share in the prior year quarter. On average, 17 analysts polled by Thomson Reuters expected the company to earn $0.12 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues improved to $1.01 billion from $981.61 million last year. Analysts expected revenues of $1.02 billion.