Schneider National reported a strong second quarter in 2021, with operating revenues of $1.4 billion and diluted earnings per share of $0.60. The company's asset-light segments accounted for 60% of revenues, and the Truckload segment's operating ratio improved significantly. Updated full year Adjusted Diluted Earnings per Share guidance to $1.85 - $1.95
Operating revenues increased by 32% to $1.4 billion compared to Q2 2020.
Income from operations rose by 98% to $125.8 million compared to Q2 2020.
Diluted earnings per share increased by 131% to $0.60 compared to Q2 2020.
Truckload segment operating ratio improved 700 basis points from the first quarter of 2021 to 84.5%.
The company anticipates the excess demand condition to continue through the remainder of the year. Updated full year adjusted diluted earnings per share forecast is $1.85 - $1.95, up from prior guidance of $1.60 - $1.70. Updated full year net capital expenditures guidance range is $325 million to $350 million, compared to prior guidance range of $375 million to $425 million.
Visualization of income flow from segment revenue to net income