Schneider National (SNDR) Earnings Preview: What to Expect
Transportation giant Schneider National (SNDR) is set to report its Q4 2022 earnings tomorrow. Here's a preview of what analysts are projecting:
Revenue:
* Consensus estimate: $1.36 billion (flat year-over-year)
* Previous quarter: $1.32 billion (-2.7% YoY)
Earnings per Share (EPS):
* Adjusted EPS: $0.20 per share
Key Metrics:
* Schneider National's revenue has declined slightly over the past two quarters.
* EPS missed consensus expectations in Q3.
* The company's full-year EPS guidance fell short of analyst estimates.
Analyst Sentiment:
* Analyst estimates have remained largely stable in the lead-up to earnings.
Industry Peers:
* Knight-Swift Transportation (KNX): Revenue missed estimates by 1.2% in Q4.
* Covenant Logistics (CVLG): Revenue fell short of expectations by 2.9% in Q4.
Investor Sentiment:
* The transportation and logistics sector has seen positive investor sentiment, with share prices rising 3.5% on average in the past month.
* Schneider National has gained 3.4% during the same period.
* The average analyst price target for SNDR is $31.94 (vs. current share price of $30.29).