Schneider National, Inc. (SNDR) Tops Q2 EPS by 7c

Schneider National, Inc. (NYSE: SNDR) reported Q2 EPS of $0.26, $0.07 better than the analyst estimate of $0.19. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $1.02 billion.

GUIDANCE:

Schneider National, Inc. sees FY2020 EPS of $1.10-$1.25, versus the consensus of $1.05.

• “While uncertainty regarding the timing and pace of economic recovery remains, it is our current view that the most significant impact of the pandemic on our operations was borne in the second quarter,” stated Rourke. “We are therefore restoring our full year 2020 guidance for adjusted diluted EPS at $1.10 - $1.25. This guidance assumes a continued and gradual improvement in overall operating conditions from increased demand and tighter capacity along with sequential improvement in Intermodal margins as balance is restored in the network over the second half of the year. In addition, our full year 2020 guidance for net capital expenditures remains at approximately $260 million.”

For earnings history and earnings-related data on Schneider National, Inc. (SNDR) click here.

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