Schneider National Q2 Adj $0.45 Beats $0.44 Estimate, Sales $1.35M Miss $1.49B Estimate
Portfolio Pulse from Benzinga Newsdesk
Schneider National reported Q2 earnings of $0.45 per share, beating the analyst consensus estimate of $0.44 by 2.27%. However, the company's quarterly sales of $1.35 million missed the analyst consensus estimate of $1.49 billion by 99.91%. This represents a 37.5% decrease in earnings and a 99.92% decrease in sales compared to the same period last year.
August 04, 2023 | 1:25 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Schneider National's Q2 earnings exceeded expectations but sales significantly missed estimates, indicating potential challenges in revenue generation.
While Schneider National managed to beat earnings estimates, the significant miss in sales estimates is a cause for concern. This could indicate issues with revenue generation, which may negatively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100