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

Schneider National

02/05/2024 15:14

* Schneider National Inc  SNDR.N  reported quarterly
adjusted
earnings of 11 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 55 cents.  The mean expectation of thirteen analysts for
the quarter was for earnings of 12 cents per share. Wall Street
expected results to range from 10 cents to 15 cents per share.
    * Revenue fell 7.7% to $1.32 billion from a year ago;
analysts
expected $1.36 billion. 
    * Schneider National Inc's reported EPS for the quarter was
10
cents​.
    * The company reported quarterly net income of $18.5
million.
    * Schneider National Inc shares had fallen by 6.9% this
quarter and lost 17.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 31.8%
in the last three months.​ 
    * In the last 30 days, ten analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the ground
freight &
logistics peer group is also "buy"

Wall Street's median 12-month price target for Schneider
National Inc is $26.00 
This summary was machine generated from LSEG data May 2 at 02:13
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
 Mar. 31 2024      0.12           0.11           Missed
 Dec. 31 2023      0.20           0.15           Missed
 Sep. 30 2023      0.37           0.20           Missed
 Jun. 30 2023      0.44           0.45           Beat