Schneider National Inc reports results for the quarter ended in June - Earnings Summary

Schneider National

01/08/2024 15:27

* Schneider National Inc  SNDR.N  reported quarterly
adjusted
earnings of 21 cents​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of 45 cents.  The mean expectation of fifteen analysts for
the quarter was for earnings of 18 cents per share. Wall Street
expected results to range from 16 cents to 20 cents per share.
    * Revenue fell 2.2% to $1.32 billion from a year ago;
analysts
expected $1.35 billion. 
    * Schneider National Inc's reported EPS for the quarter was
20
cents​.
    * The company reported quarterly net income of $35.3
million.
    * Schneider National Inc shares had risen by 11.4% this
quarter and gained 5.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 12.3%
in the last three months.​ 
    * In the last 30 days, seven analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the ground
freight &
logistics peer group is also "hold"

Wall Street's median 12-month price target for Schneider
National Inc is $24.50 
This summary was machine generated from LSEG data August 1 at
02:27 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 1 0001       0.18           0.21           Beat
 Mar. 31 2024      0.12           0.11           Missed
 Dec. 31 2023      0.20           0.15           Missed
 Sep. 30 2023      0.37           0.20           Missed