Schneider National Inc (SNDR) Releases Quarterly Earnings Results, Misses Expectations By $0.02 EPS
Schneider National Inc (NASDAQ:SNDR) issued its quarterly earnings data on Tuesday. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.02), Briefing.com reports. The company had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Schneider National had a return on equity of 13.37% and a net margin of 4.32%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the company earned $0.24 earnings per share. Schneider National updated its FY17 guidance to $0.92-0.97 EPS.
Shares of Schneider National (NASDAQ SNDR) traded up $0.01 on Tuesday, hitting $25.50. The company had a trading volume of 1,223,075 shares, compared to its average volume of 503,348. Schneider National has a one year low of $17.69 and a one year high of $28.32.
The firm also recently declared a quarterly dividend, which will be paid on Monday, January 8th. Investors of record on Friday, December 15th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date is Thursday, December 14th.
SNDR has been the subject of several analyst reports. Buckingham Research initiated coverage on Schneider National in a research note on Friday, October 20th. They issued a “buy” rating and a $29.00 price objective for the company. BidaskClub raised Schneider National from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 12th. Zacks Investment Research raised Schneider National from a “sell” rating to a “hold” rating in a research note on Thursday, September 7th. Robert W. Baird reissued a “buy” rating and issued a $28.00 price objective on shares of Schneider National in a research note on Friday, October 6th. Finally, UBS AG reaffirmed a “buy” rating and set a $30.00 price target (up from $24.00) on shares of Schneider National in a research report on Friday, September 29th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. Schneider National has an average rating of “Buy” and a consensus price target of $24.67.
Schneider National Company Profile
Schneider National, Inc is a provider of transportation, logistics and related services. The Company’s transportation solutions include one-way, intermodal, dedicated, bulk, transport management, trans loading services, international services and Schneider payment services. Its supply chain management and consulting services include logistics solution design, global supply chain services, enterprise and market entry assistance, and sourcing and compliance.
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