---
schema_version: "secwatch.filing_event.v1"
accession: "0001692063-24-000097"
form_type: "8-K"
ticker: "SNDR"
cik: "0001692063"
company_name: "Schneider National, Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:37:56.680702+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Schneider National Q1 operating income down 75%; cuts FY adj EPS guidance to $0.85-$1.00

## Summary
- Operating revenues $1.32B (-8% YoY); income from operations $28.7M vs $114.6M in Q1 2023.
- GAAP diluted EPS $0.10, adjusted diluted EPS $0.11; both down ~80% YoY.
- Updated FY2024 adjusted EPS guidance to $0.85-$1.00 from $1.15-$1.30; net capex guidance $350-400M.
- Truckload segment operating ratio worsened to 97.2% from 88.3%; Intermodal also down sharply.
- Declared Q2 dividend of $0.095 per share, payable July 9, 2024.

## SEC filing metadata
- accession: 0001692063-24-000097
- form_type: 8-K
- ticker: SNDR
- cik: 0001692063
- company_name: Schneider National, Inc.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692063/000169206324000097/0001692063-24-000097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692063/000169206324000097/sndr-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001692063-24-000097
- JSON: https://secwatch.observer/filing/0001692063-24-000097.json
- Plain text: https://secwatch.observer/filing/0001692063-24-000097.txt

## Key facts
- Earnings Releases
  Schneider National, Inc. reported the three months ended March 31, 2024 results: revenue $ 1,319.0, net income $ 18.5, EPS $0.10. Guidance reaffirmed.
  - Period: the three months ended March 31, 2024
  - Revenue: $ 1,319.0
  - Net income: $ 18.5
  - EPS: $0.10
  - Guidance: reaffirmed
  - Result: reported results
  source text: the Company’s results of operations for the periods indicated. Three Months Ended March 31, (in millions, except ratios & per share amounts) 2024 2023 Change Operating revenues $ 1,319.0 $ 1,428.7 (8)% Revenues (excluding fuel surcharge) 1,163.1 1,249.5 (7)% Income from operations 28.7 114.6 (75)% Adjusted income from operations 30.0 114.6 (74)% Operating ratio
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692063/000169206324000097/0001692063-24-000097-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
