Schneider National reported Q4 2022 operating revenues of $1.6 billion and diluted earnings per share of $0.62. The company's Truckload revenues excluding fuel surcharge increased by 4%, while Logistics revenues excluding fuel surcharge decreased by 22%. The company expects freight demand to strengthen as the year progresses.
Operating revenues were $1.6 billion.
Diluted earnings per share were $0.62.
Truckload revenues excluding fuel surcharge increased by 4%.
Logistics revenues excluding fuel surcharge decreased by 22%.
The company anticipates that 2023 will finish stronger than it began and that freight demand will strengthen as the year progresses. The company's guidance for full year 2023 adjusted diluted EPS is $2.15 - 2.35. Net capital expenditures guidance for full year 2023 is approximately $525 - $575 million, with an expected full year effective tax rate of approximately 24.5%.
Visualization of income flow from segment revenue to net income