Bear of the Day: Schneider National (SNDR)

On May 2, 2024, Schneider National reported its first quarter 2024 results and missed on the Zacks Consensus for the third quarter in a row. Earnings were $0.11 versus the consensus of $0.13. Operating revenues fell 8% to $1.3 from $1.4 billion last year. Truckload revenues, excluding fuel surcharges, increased $1.1 million to $538.1 million compared to the same quarter in 2023. Intermodal revenues, excluding fuel surcharges, fell 7%, or $18.9 million, to $247.2 million year-over-year. First quarter 2024 vo ...