BUZZ-Schneider National falls after FY26 profit forecast below estimates
Reuters
Jan 30
BUZZ-Schneider National falls after FY26 profit forecast below estimates
** Shares of trucking firm Schneider National SNDR.N fall 16.9% to $24.70 premarket
** Co forecast FY 26 adj.EPS between 70 cents and $1, its mid-point coming below analyst expectations of $1, according to data compiled by LSEG
** Q4 revenue and adj.EPS both miss analyst' estimates of $1.45 bln and 20 cents respectively- LSEG
** Co attributes Q4 results shortfall to softer market conditions and a truncated peak season, per CEO Mark Rourke
** Nine of 17 brokerages rate the stock "buy" or higher, eight "hold"; their median PT is $31- LSEG data
** Up to last close SNDR up 12% YTD
(Reporting by Avinash P in Bengaluru)
((Avinash.P@thomsonreuters.com;))
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