Schneider National, Inc. (SNDR) Tops Q4 EPS by 1c, Beat on Revenues; Offers FY18 EPS Mid-Point Outlook Above Consensus
Get Alerts SNDR Hot Sheet
Join SI Premium – FREE
Schneider National, Inc. (NYSE: SNDR) reported Q4 EPS of $0.33, $0.01 better than the analyst estimate of $0.32. Revenue for the quarter came in at $1.19 billion versus the consensus estimate of $1.15 billion.
- Operating Revenues of $1.2 billion, an increase of 11% compared to fourth quarter 2016
- Diluted Earnings Per Share of $1.60, compared to fourth quarter 2016 of $0.30
- Adjusted Diluted Earnings Per Share of $0.33, compared to fourth quarter 2016 of $0.31
- Recently announced a 20% increase in the quarterly dividend to $0.06
- Full year 2018 Adjusted Diluted Earnings Per Share guidance of $1.32 to $1.44
Business Outlook
Lofgren commented, "We are encouraged by market indicators. In early 2018, we will continue to address the price improvement necessary to recover the driver investments already incurred in 2017, and those we expect in 2018. We anticipate the ELD implementation will have a measurable impact on driver capacity, and we will closely monitor actions being taken by carriers to recruit and retain drivers. The anticipated market conditions, our professional driver workforce, the Quest platform, and our broad portfolio of services, position us well for 2018. We anticipate our full year 2018 adjusted diluted earnings to be in the range of $1.32 to $1.44 and net capital expenditures in the range of $325 million to $375 million."
GUIDANCE:
Schneider National, Inc. sees FY2018 EPS of $1.32-$1.44, versus the consensus of $1.34.
For earnings history and earnings-related data on Schneider National, Inc. (SNDR) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Gilead Sciences (GILD) Misses Q1 EPS by 288c
- Edwards Lifesciences (EW) Tops Q1 EPS by 2c; offers guidance
- Byline Bancorp (BY) Tops Q1 EPS by 6c
Create E-mail Alert Related Categories
Corporate News, Earnings, Guidance, Hot Guidance, Management CommentsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!