Schneider National Q1 2024 Adj EPS $0.11 Misses $0.12 Estimate, Sales $1.319B Miss $1.361B Estimate
Portfolio Pulse from Benzinga Newsdesk
Schneider National reported Q1 2024 adjusted EPS of $0.11, missing the $0.12 estimate, and sales of $1.319B, below the $1.361B estimate. This represents a 7.70% decrease in sales compared to the same period last year.

May 02, 2024 | 1:01 pm
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Schneider National's Q1 2024 earnings and sales missed estimates, with a significant year-over-year decrease in sales.
Missing both EPS and sales estimates, especially with a notable year-over-year sales decrease, typically leads to negative investor sentiment in the short term. This could result in downward pressure on SNDR's stock price as the market reacts to the earnings miss and signs of potential operational challenges.
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