Schneider National (SNDR) to Release Earnings on Thursday

Schneider National (NYSE:SNDR) is set to release its earnings data before the market opens on Thursday, May 2nd. Analysts expect Schneider National to post earnings of $0.16 per share for the quarter. Schneider National has set its FY24 guidance at $1.15-1.30 EPS and its FY 2024 guidance at 1.150-1.300 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Thursday, February 1st. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.05). The company had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.35 billion. Schneider National had a return on equity of 8.23% and a net margin of 4.34%. The company’s revenue for the quarter was down 12.2% on a year-over-year basis. During the same quarter last year, the company earned $0.64 earnings per share. On average, analysts expect Schneider National to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Schneider National Trading Down 2.5 %

Shares of Schneider National stock opened at $20.69 on Wednesday. The company has a market capitalization of $3.64 billion, a P/E ratio of 15.55, a P/E/G ratio of 1.43 and a beta of 0.89. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.83. The company has a fifty day moving average of $22.36 and a 200 day moving average of $23.65. Schneider National has a fifty-two week low of $20.50 and a fifty-two week high of $31.74.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Stephens reaffirmed an “equal weight” rating and issued a $28.00 target price on shares of Schneider National in a report on Monday, February 5th. Robert W. Baird dropped their target price on shares of Schneider National from $29.00 to $27.00 and set an “outperform” rating for the company in a report on Thursday, April 4th. Susquehanna dropped their target price on shares of Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a report on Monday, March 25th. Benchmark reaffirmed a “buy” rating and issued a $27.00 target price on shares of Schneider National in a report on Friday, April 12th. Finally, Stifel Nicolaus dropped their target price on shares of Schneider National from $27.00 to $25.00 and set a “buy” rating for the company in a report on Thursday, April 18th. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $28.07.

Schneider National Company Profile

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.