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Schneider National (SNDR) Reports Q1 Earnings: What Key Metrics Have to Say
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Schneider National (SNDR - Free Report) reported $1.43 billion in revenue for the quarter ended March 2023, representing a year-over-year decline of 11.8%. EPS of $0.55 for the same period compares to $0.57 a year ago.
The reported revenue represents a surprise of -4.03% over the Zacks Consensus Estimate of $1.49 billion. With the consensus EPS estimate being $0.45, the EPS surprise was +22.22%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Schneider National performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Operating Ratio - Consolidated: 92% versus 92.93% estimated by five analysts on average.
Logistics - Operating Ratio: 95.2% versus the four-analyst average estimate of 94.9%.
Truckload - Operating Ratio: 88.3% compared to the 89.85% average estimate based on four analysts.
Intermodal - Operating Ratio: 88.7% versus the four-analyst average estimate of 89.51%.
Intermodal - Orders: 100.75 versus the three-analyst average estimate of 104.76.
Intermodal - Revenue per order: $2,628 compared to the $2,781.49 average estimate based on three analysts.
Revenues- Fuel surcharge: $179.20 million versus the five-analyst average estimate of $190.46 million.
Revenues- Inter-segment eliminations: -$28 million compared to the -$28.55 million average estimate based on five analysts. The reported number represents a change of +3.7% year over year.
Revenues- Other: $92.20 million compared to the $83.99 million average estimate based on four analysts. The reported number represents a change of +8.1% year over year.
Revenues- Intermodal: $266.10 million compared to the $295 million average estimate based on four analysts. The reported number represents a change of -11.9% year over year.
Revenues- Truckload: $537 million versus the four-analyst average estimate of $541.84 million. The reported number represents a year-over-year change of -2.1%.
Revenues- Logistics: $382.20 million versus $421.56 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -30% change.
Shares of Schneider National have returned -1.7% over the past month versus the Zacks S&P 500 composite's +2.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Schneider National (SNDR) Reports Q1 Earnings: What Key Metrics Have to Say
Schneider National (SNDR - Free Report) reported $1.43 billion in revenue for the quarter ended March 2023, representing a year-over-year decline of 11.8%. EPS of $0.55 for the same period compares to $0.57 a year ago.
The reported revenue represents a surprise of -4.03% over the Zacks Consensus Estimate of $1.49 billion. With the consensus EPS estimate being $0.45, the EPS surprise was +22.22%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Schneider National performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Operating Ratio - Consolidated: 92% versus 92.93% estimated by five analysts on average.
- Logistics - Operating Ratio: 95.2% versus the four-analyst average estimate of 94.9%.
- Truckload - Operating Ratio: 88.3% compared to the 89.85% average estimate based on four analysts.
- Intermodal - Operating Ratio: 88.7% versus the four-analyst average estimate of 89.51%.
- Intermodal - Orders: 100.75 versus the three-analyst average estimate of 104.76.
- Intermodal - Revenue per order: $2,628 compared to the $2,781.49 average estimate based on three analysts.
- Revenues- Fuel surcharge: $179.20 million versus the five-analyst average estimate of $190.46 million.
- Revenues- Inter-segment eliminations: -$28 million compared to the -$28.55 million average estimate based on five analysts. The reported number represents a change of +3.7% year over year.
- Revenues- Other: $92.20 million compared to the $83.99 million average estimate based on four analysts. The reported number represents a change of +8.1% year over year.
- Revenues- Intermodal: $266.10 million compared to the $295 million average estimate based on four analysts. The reported number represents a change of -11.9% year over year.
- Revenues- Truckload: $537 million versus the four-analyst average estimate of $541.84 million. The reported number represents a year-over-year change of -2.1%.
- Revenues- Logistics: $382.20 million versus $421.56 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -30% change.
View all Key Company Metrics for Schneider National here>>>Shares of Schneider National have returned -1.7% over the past month versus the Zacks S&P 500 composite's +2.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.