earnings
confidence high
sentiment negative
materiality 0.70
Schneider National Q1 revenue down 12%; lowers FY adjusted EPS guidance to $2.00-$2.20
Schneider National, Inc.
2023-Q1 EPS reported
$0.55
revenue$1,428,700,000
- Operating revenues $1.43B, down 12% YoY; income from operations $114.6M, down 15%.
- Diluted EPS $0.55 vs $0.52 prior year; adjusted diluted EPS $0.55, down 4% from $0.57.
- Updated FY 2023 adjusted diluted EPS guidance to $2.00-$2.20 (prior $2.15-$2.35).
- Truckload revenue ex-fuel $537M (-2%); Intermodal $266.1M (-12%); Logistics $382.2M (-30%).
- CEO expects freight conditions difficult through Q3, seasonal improvement in Q4.