Schneider National Q4 2023 Adj EPS $0.16 Misses $0.20 Estimate, Sales $1.37B Beat $1.35B Estimate
Portfolio Pulse from Benzinga Newsdesk
Schneider National reported Q4 2023 earnings of $0.16 per share, missing the $0.20 estimate, with sales of $1.37B exceeding the $1.35B estimate but marking a 12.16% decrease from the previous year.
February 01, 2024 | 2:04 pm
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NEGATIVE IMPACT
Schneider National's Q4 2023 earnings missed estimates but sales exceeded expectations, with a notable year-over-year decrease.
Missing the EPS estimate by 20% is likely to negatively impact investor sentiment and stock price in the short term. Although sales exceeded estimates, the significant year-over-year decrease in sales could further dampen investor confidence.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100