Schneider Lags on Q3 Earnings & Revenues, Cuts '24 EPS Outlook
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Schneider National reported lower-than-expected Q3 earnings and revenues, and has reduced its 2024 EPS guidance from 80-90 cents to 66-72 cents.
November 06, 2024 | 7:45 pm
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Schneider National reported disappointing Q3 earnings and revenues, and has lowered its 2024 EPS guidance significantly.
The reduction in 2024 EPS guidance from 80-90 cents to 66-72 cents indicates weaker future profitability expectations, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100