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Sep 30, 2021
Schneider National Q3 2021 Earnings Report
Reported the most profitable period in the company's history.
Key Takeaways
Schneider National reported a strong third quarter in 2021, achieving the most profitable period in its history. The company's operating revenues increased by 27% compared to the same quarter in 2020, and diluted earnings per share increased by 148%.
Operating revenues increased to $1.4 billion from $1.1 billion in 2020.
Income from operations increased to $153.7 million from $63.3 million in 2020.
Diluted earnings per share increased to $0.62 from $0.25 in 2020.
Full year Adjusted Diluted Earnings per Share guidance increased to $2.13 - $2.17
Revenue by Segment
Forward Guidance
The company anticipates continued strong demand throughout the fourth quarter and expects to carry strong momentum into 2022, as it anticipates robust freight conditions likely through the upcoming year.
Positive Outlook
- Continued strong demand throughout the fourth quarter
- Strong momentum into 2022
- Robust freight conditions likely through the upcoming year
- Updated guidance of $2.13 - $2.17 for full year adjusted diluted earnings per share
Challenges Ahead
- Net capital expenditures now expected approximately $300 million, which is lower than prior guidance due to higher proceeds from equipment sales, as well as modest delays in equipment deliveries.
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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