NEW YORK (TheStreet) -- Swift Transportation Co.  (SWFT) stock is up by 3.51% to $14.15 in pre-market trading on Tuesday.

After the market close on Tuesday, the transportation services company reported adjusted earnings of 53 cents per share, while analysts were expecting earnings of 47 cents per share. 

However, revenue of $1.09 billion fell short of analysts' expectations of $1.11 billion. 

The company was benefited by lower fuel costs and a better-than-expected tax rate, Swift said in a statement.

Due to Swift's new accident and workers compensation initiatives, insurance and claims expenses as a percentage of the company's revenue declined, according to Swift. 

"Investments in our fleet technology are also beginning to pay off, with improved accident and workers' compensation trends, driver retention, and fuel efficiency in the quarter," the company added.

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Separately, recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

TheStreet Ratings rates this stock as a "hold" with a ratings score of C+. Among the primary strengths of the company is its respectable return on equity which we feel is likely to continue. At the same time, however, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and poor profit margins.

You can view the full analysis from the report here: SWFT

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