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Jun 30, 2024
Schneider National Q2 2024 Earnings Report
Schneider National's Q2 2024 performance reflected progress toward market equilibrium, with moderate seasonality and a tightening spot market. Cost containment and asset efficiency contributed to sequentially improved performance across Truckload, Intermodal, and Logistics segments.
Key Takeaways
Schneider National, Inc. reported Q2 2024 operating revenues of $1.3 billion, a slight decrease from $1.3 billion in 2023. Income from operations was $51.0 million, down from $103.8 million in the previous year. Diluted earnings per share were $0.20, with an adjusted diluted earnings per share of $0.21. The company updated its full-year adjusted diluted earnings per share guidance to $0.80 - $0.90 and net capital expenditures guidance to $300.0 - $350.0 million.
Operating revenues reached $1.3 billion, slightly below the $1.3 billion reported in 2023.
Income from operations decreased to $51.0 million, compared to $103.8 million in the same quarter of the previous year.
Diluted earnings per share were $0.20, with adjusted diluted earnings per share at $0.21.
Full-year adjusted diluted earnings per share guidance was updated to $0.80 - $0.90, and net capital expenditures guidance was revised to $300.0 - $350.0 million.
Revenue by Segment
Forward Guidance
The company updated its full year 2024 adjusted diluted earnings per share guidance to a range of $0.80 - $0.90, as well as net capital expenditures guidance to a range of $300 - $350 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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