Schneider lowered the 2024 adjusted earnings per share guidance to 66-72 cents from the prior mentioned 80-90 cents.
Although the revenue and EPS for Schneider National (SNDR) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Schneider National, Inc. (NYSE:SNDR ) Q3 2024 Earnings Conference Call November 6, 2024 10:30 AM ET Company Participants Steve Bindas - Director-Investor Relations Mark Rourke - President & Chief Executive Officer Darrell Campbell - Executive Vice President & Chief Financial Officer Jim Filter - Executive Vice President and Group President-Transportation & Logistics Conference Call Participants Mike Triano - UBS Reed Seay - Stephens Ken Hoexter - Bank of America Bascome Majors - Susquehanna Bruce Chan - Stifel Operator Thank you for standing by, and welcome to the Schneider Third Quarter 2024 Earnings Conference Call. [Operator Instructions] I'd now like to turn the call over to Steve Bindas, Director of Investor Relations.
Schneider National (SNDR) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.20 per share a year ago.
Evaluate the expected performance of Schneider National (SNDR) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
SNDR's surge in operating expenses does not bode well. Weakness in liquidity is hurting the company's prospects.
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Shareholder-friendly measures adopted by SNDR look encouraging. However, rising capital expenditures are likely to keep the bottom line under pressure.
Schneider (SNDR) lowers its 2024 adjusted earnings per share guidance in the range of $0.80-$0.90 from the prior guided view of $0.85-$1.00.
Schneider National Inc (SNDR) Q2 2024 Earnings Call Transcript
The headline numbers for Schneider National (SNDR) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Schneider National (SNDR) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.45 per share a year ago.