secwatch.observer — SEC 8-K summary
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Issuer:     Schneider National, Inc. (SNDR)
CIK:        0001692063
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001692063-23-000147
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Schneider Q2 EPS $0.43, revenue down 23%; cuts FY adjusted EPS guidance to $1.75-$1.90
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- Q2 diluted EPS $0.43 (adjusted $0.45) vs $0.73 ($0.72) YoY; revenue $1.35B, down 23%.
- Truckload OR 87.8%, Intermodal OR 90.9%, Logistics OR 96.3%, all worsened YoY.
- Acquired M&M Transport Services (~500 tractors) on Aug 1 to strengthen dedicated offering.
- FY2023 adjusted diluted EPS guidance lowered to $1.75-$1.90 from $2.00-$2.20.
- Declared $0.09/share quarterly dividend; $150M buyback authorized, $36.1M YTD repurchased.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692063/000169206323000147/0001692063-23-000147-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692063/000169206323000147/sndr-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001692063-23-000147

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer