Schneider National Q2 2024 Adj. EPS $0.21 Beats $0.18 Estimate, Sales $1.316B Miss $1.352B Estimate
Portfolio Pulse from Benzinga Newsdesk
Schneider National (NYSE:SNDR) reported Q2 2024 adjusted EPS of $0.21, beating the $0.18 estimate, but sales of $1.316 billion missed the $1.352 billion estimate. EPS decreased by 53.33% year-over-year, and sales decreased by 2.30% year-over-year.
August 01, 2024 | 1:02 pm
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Schneider National reported Q2 2024 adjusted EPS of $0.21, beating the $0.18 estimate, but sales of $1.316 billion missed the $1.352 billion estimate. EPS decreased by 53.33% year-over-year, and sales decreased by 2.30% year-over-year.
While Schneider National's EPS beat estimates, the significant year-over-year decline in EPS and the miss on sales estimates may create mixed reactions in the market. The positive EPS surprise could provide some support, but the overall decline in financial performance may limit any significant upward movement in the stock price.
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