secwatch.observer — SEC 8-K summary
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Issuer:     Schneider National, Inc. (SNDR)
CIK:        0001692063
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001692063-24-000097
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692063/000169206324000097/0001692063-24-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692063/000169206324000097/sndr-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001692063-24-000097

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