Schneider National Inc is a prominent provider of transportation and logistics services in North America. The company specializes in a wide range of supply chain solutions, including truckload and logistics services, intermodal transportation, and dedicated fleet management. Through its extensive network and innovative technology, Schneider National focuses on delivering efficient and reliable transportation options to various industries, helping customers optimize their supply chains and improve overall efficiency. The company is also committed to sustainability, implementing practices designed to reduce environmental impact while meeting the evolving needs of the marketplace.
Let’s dig into the relative performance of Schneider National (NYSE:SNDR) and its peers as we unravel the now-completed Q3 ground transportation earnings season.
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The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how ground transportation stocks fared in Q3, starting with Heartland Express (NASDAQ:HTLD).
Transportation company Schneider (NYSE:SNDR) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 2.7% year on year to $1.32 billion. Its non-GAAP profit of $0.18 per share was also 20.7% below analysts’ consensus estimates.
What has Wall Street been buzzing about this week? Here are the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of July 22-26, 2024.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
