Schneider (SNDR) Reports Q1: Everything You Need To Know Ahead Of Earnings

StockStory
Yesterday
Schneider (SNDR) Reports Q1: Everything You Need To Know Ahead Of Earnings

Transportation company Schneider (NYSE:SNDR) will be announcing earnings results tomorrow morning. Here’s what to look for.

Schneider missed analysts’ revenue expectations by 1.7% last quarter, reporting revenues of $1.34 billion, down 2.4% year on year. It was a softer quarter for the company, with full-year EPS guidance missing analysts’ expectations.

Is Schneider a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Schneider’s revenue to grow 6.3% year on year to $1.40 billion, a reversal from the 7.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.14 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings.

Looking at Schneider’s peers in the ground transportation segment, some have already reported their Q1 results, giving us a hint as to what we can expect. ArcBest’s revenues decreased 6.7% year on year, missing analysts’ expectations by 2.7%, and Ryder reported revenues up 1.1%, in line with consensus estimates. Ryder’s stock price was unchanged following the results.

Read our full analysis of ArcBest’s results here and Ryder’s results here.

Investors in the ground transportation segment have had fairly steady hands going into earnings, with share prices down 1.6% on average over the last month. Schneider is down 5.4% during the same time and is heading into earnings with an average analyst price target of $26.80 (compared to the current share price of $21.70).

Today’s young investors likely haven’t read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10