Schneider National: 2Q Earnings Snapshot
GREEN BAY, Wis. (AP) _ Schneider National Inc. (SNDR) on Thursday reported second-quarter earnings of $34.5 million.
The Green Bay, Wisconsin-based company said it had net income of 19 cents per share. Earnings, adjusted for asset impairment costs, came to 34 cents per share.
The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.
The trucking company posted revenue of $1.21 billion in the period, which also missed Street forecasts. Four analysts surveyed by Zacks expected $1.3 billion.
Schneider National expects full-year earnings in the range of $1.30 to $1.38 per share.
Schneider National shares have risen slightly more than 3% since the beginning of the year. The stock has declined 26% in the last 12 months.