Schneider National (SNDR) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Schneider National reported revenue of $1.32 billion for the quarter ended September 2024, a decrease of 2.7% year-over-year, with EPS at$ 0.18 compared to $0.20 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate of$ 1.33 billion by 1.19%, and the EPS was 21.74% below the consensus estimate of $0.23 [1] Financial Performance Metrics - The consolidated operating ratio was reported at 96.7%, higher than the estimated 95.5% [3] - The intermodal operating ratio was 94.1%, slightly better than the average estimate of 94.8% [3] - The truckload operating ratio was 95.5%, compared to the average estimate of 93.6% [3] - The logistics operating ratio was 97.6%, above the estimated 96.3% [3] Revenue Breakdown - Fuel surcharge revenue was$ 138.10 million, below the estimated $148.35 million, representing a 20% decrease year-over-year [3] - Inter-segment eliminations revenue was reported at -$ 38.20 million, worse than the estimated - $35.02 million, but showed a 64% year-over-year increase [3] - Logistics revenue was$ 313.70 million, slightly above the estimate of $310.64 million, reflecting a 3.8% decrease year-over-year [3] - Other revenues were$ 105.20 million, significantly above the estimate of $78.66 million, marking a 34.2% year-over-year increase [3] - Excluding fuel surcharge, revenues totaled$ 1.18 billion, slightly below the estimated $1.19 billion, with a 0.2% decrease year-over-year [3] - Intermodal revenue was$ 264.70 million, below the estimate of $276.57 million, with a 0.7% year-over-year increase [3] - Truckload revenue was$ 532.20 million, below the estimated $555.61 million, reflecting a 0.6% decrease year-over-year [3] - Excluding fuel surcharge, network revenue was$ 185.20 million, below the estimate of $212.77 million, with an 11.9% year-over-year decrease [3] Stock Performance - Schneider National's shares have returned +5.8% over the past month, outperforming the Zacks S&P 500 composite's +0.7% change [4] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [4]