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Dec 31, 2019
Schneider National Q4 2019 Earnings Report
Schneider National's Q4 2019 results reflected solid performance amidst a muted seasonal peak, driven by core Truckload and Intermodal segments, with Logistics growth moderating rate compression.
Key Takeaways
Schneider National reported Q4 2019 operating revenues of $1.2 billion. Income from operations was $78.1 million, with an adjusted income from operations of $91.4 million. Diluted earnings per share stood at $0.32, while adjusted diluted earnings per share reached $0.37.
Schneider National leveraged its portfolio and delivered solid results despite the muted seasonal peak of the fourth quarter.
Core Truckload generated an operating ratio of 89.1% driven by the performance of Dedicated operations and effective cost management.
Intermodal delivered a fourth quarter operating ratio of 87.7% and surpassed $1 billion in annual revenue for the first time in 2019.
Logistics grew brokerage volumes which helped mitigate rate compression.
Schneider National
Schneider National
Schneider National Revenue by Segment
Revenue by Segment
Truckload Revenue
CapyFin.comIntermodal Revenue
CapyFin.comLogistics Revenue
CapyFin.comOther Revenue
CapyFin.comFuel Surcharge Revenue
CapyFin.comInter-segment eliminations Revenue
CapyFin.com Forward Guidance
The company's full year 2020 guidance for adjusted diluted EPS is $1.25 to $1.35, and net capital expenditures are expected to be approximately $310 million.
Positive Outlook
- Optimistic about 2020 as we expect a supportive macroeconomic climate to lead to a more balanced marketplace, especially in the second half of the year as capacity levels rationalize.
- Expect to generate growth by delivering truck-like reliability in our Intermodal offering.
- Expect to generate growth by creative solutions in our Dedicated and specialty offerings.
- Expect to generate growth by deployment of new technology across our portfolio.
- Committed to deliver value to our customers, returns for our shareholders, and a quality experience for our professional drivers.
Revenue & Expenses
Visualization of income flow from segment revenue to net income