Freight delivery company Knight-Swift Transportation (NYSE: KNX) will be reporting results this Wednesday after the bell. Here’s what investors should know.

Knight-Swift Transportation met analysts’ revenue expectations last quarter, reporting revenues of $1.86 billion, flat year on year. It was a mixed quarter for the company, with an impressive beat of analysts’ adjusted operating income estimates but revenue in line with analysts’ estimates.

Is Knight-Swift Transportation a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Knight-Swift Transportation’s revenue to be flat year on year at $1.90 billion, improving from the 7.1% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.37 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Knight-Swift Transportation has missed Wall Street’s revenue estimates six times over the last two years.

Looking at Knight-Swift Transportation’s peers in the transportation and logistics segment, some have already reported their Q3 results, giving us a hint as to what we can expect. FedEx delivered year-on-year revenue growth of 3.1%, beating analysts’ expectations by 2.7%, and CSX reported flat revenue, in line with consensus estimates. FedEx traded up 2.2% following the results while CSX was also up 1.8%.

Read our full analysis of FedEx’s results here and CSX’s results here.

Investors in the transportation and logistics segment have had steady hands going into earnings, with share prices up 1.4% on average over the last month. Knight-Swift Transportation is up 20.5% during the same time and is heading into earnings with an average analyst price target of $52.15 (compared to the current share price of $47.57).

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