Schneider National (SNDR) to Release Quarterly Earnings on Thursday

Schneider National (NYSE:SNDR) will be releasing its earnings data before the market opens on Thursday, August 1st. Analysts expect Schneider National to post earnings of $0.19 per share for the quarter. Schneider National has set its FY24 guidance at $0.85-1.00 EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.02). Schneider National had a return on equity of 5.55% and a net margin of 2.95%. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the previous year, the business posted $0.55 earnings per share. The business’s revenue was down 7.7% on a year-over-year basis. 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 Stock Performance

Shares of Schneider National stock opened at $26.80 on Wednesday. The company has a current ratio of 1.44, a quick ratio of 1.32 and a debt-to-equity ratio of 0.03. The business has a 50-day moving average price of $23.38 and a two-hundred day moving average price of $23.05. Schneider National has a 1-year low of $20.50 and a 1-year high of $31.74. The company has a market cap of $4.71 billion, a P/E ratio of 30.45, a PEG ratio of 2.41 and a beta of 0.85.

Analysts Set New Price Targets

SNDR has been the topic of a number of research analyst reports. Raymond James initiated coverage on shares of Schneider National in a research report on Wednesday, May 15th. They set a “market perform” rating on the stock. UBS Group increased their price objective on shares of Schneider National from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Tuesday, July 9th. Wells Fargo & Company initiated coverage on shares of Schneider National in a research report on Friday, June 7th. They set an “equal weight” rating and a $23.00 price objective on the stock. Robert W. Baird cut their price objective on shares of Schneider National from $29.00 to $27.00 and set an “outperform” rating on the stock in a research report on Thursday, April 4th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $25.00 price objective on shares of Schneider National in a research report on Wednesday, May 15th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $27.87.

About Schneider National

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.