secwatch.observer — SEC 8-K summary
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Issuer:     Schneider National, Inc. (SNDR)
CIK:        0001692063
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001692063-24-000119
Event type: earnings
Sentiment:  negative
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Schneider National Q2 earnings fall 53%; cuts FY2024 adjusted EPS guidance to $0.80-$0.90
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- Diluted EPS $0.20 vs $0.43 a year ago; adjusted diluted EPS $0.21 vs $0.45.
- Operating revenues $1.32B, down 2% YoY; income from operations $51M, down 51%.
- Truckload operating ratio 94.3%, up from 87.8% a year ago due to lower pricing and gains on equipment sales.
- Full-year adjusted EPS guidance cut to $0.80-$0.90 from $0.85-$1.00; net capex guidance lowered to $300M-$350M.
- Cash provided by operations increased; free cash flow up $93.5M YTD; $0.095 quarterly dividend declared.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692063/000169206324000119/0001692063-24-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692063/000169206324000119/sndr-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001692063-24-000119

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