NYSE$SNDR
Schneider National Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Announced third quarter 2020 results and a special dividend.
Schneider National reported Q3 2020 results with a diluted EPS of $0.25 and adjusted diluted EPS of $0.31. The company's revenue was $1,135.7 million. The Board of Directors approved a special dividend of $2.00 per share.
- Freight volumes recovery accelerated and demand in nearly all geographic markets exceeded capacity.
- Truckload and Intermodal segments operating ratio improved sequentially due to increased volume.
- Logistics segment grew third quarter revenue 20% year over year.
- Market demand outpacing aggregate industry supply is a durable condition expected to last for multiple quarters.
Headline financials
Revenue & EPS history
Schneider National · Revenue · Quarterly
$1.14B
Revenue by segment
Schneider National · $1.14B total across 6 segments · Q3 2020
- Truckload$460M-10.7%40.5%
- Logistics$284M+20.5%25.0%
- Intermodal$248M-0.3%21.9%
- Other$85.5M-9.3%7.5%
- Fuel surcharge$73M-36.1%6.4%
- Inter-segment eliminations-$15.8M+38.0%-1.4%
Forward guidance
The tight market conditions prevalent during the third quarter are anticipated to continue well beyond the fourth quarter, as demand is strong and the driver shortage persists. Expected full year 2020 adjusted diluted EPS of $1.18 - $1.22. Full year 2020 guidance for net capital expenditures is approximately $250 million.
Tailwinds
- Strong demand
- Driver shortage persists
- Expected full year 2020 adjusted diluted EPS of $1.18 - $1.22
- Internal improvement initiatives
- Positioning well as we enter 2021
Headwinds
- COVID-19 pandemic
- Economic and business risks inherent in the truckload and transportation industry
- Tight truck capacity brought about by driver shortages
- Fluctuations in the price or availability of fuel
- Negative seasonal patterns generally experienced in the trucking industry during traditionally slower shipping periods and winter months
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.1%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+2.5%
Avg return
30 days after
61%
25 / 41 earnings
Positive
+8.2%
Q4 2022
Best reaction
-12.7%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.3% | -1.1% | +16.3% | |
| Q4 2025 | -9.7% | +2.1% | -4.5% | |
| Q3 2025 | -10.5% | -3.1% | -0.1% | |
| Q1 2025 | -1.0% | +4.7% | +6.8% | |
| Q4 2024 | +1.4% | -0.8% | -11.4% | |
| Q3 2024 | +4.9% | +9.5% | +8.2% | |
| Q2 2024 | +2.8% | +4.0% | +0.7% | |
| Q1 2024 | +4.5% | +5.1% | +6.6% | |
| Q4 2023 | -1.3% | -1.2% | -6.5% | |
| Q3 2023 | -12.7% | -12.9% | -5.3% | |
| Q2 2023 | +0.7% | -0.3% | -5.4% | |
| Q1 2023 | +2.4% | +3.2% | +2.7% | |
| Q4 2022 | +8.2% | +11.3% | +6.6% | |
| Q3 2022 | -1.7% | +1.3% | +16.1% | |
| Q2 2022 | +5.1% | +0.1% | -0.5% | |
| Q1 2022 | +3.4% | +6.9% | +6.5% | |
| Q4 2021 | -3.1% | -1.9% | +2.8% | |
| Q3 2021 | +1.2% | +2.9% | +3.0% | |
| Q2 2021 | +6.1% | +3.8% | +7.8% | |
| Q1 2021 | +2.1% | +6.7% | +3.2% | |
| Q4 2020 | +1.5% | +1.8% | +14.6% | |
| Q3 2020 | -3.4% | +1.4% | -6.7% | |
| Q2 2020 | +0.4% | +2.0% | +8.6% | |
| Q1 2020 | +0.1% | -3.7% | +8.5% | |
| Q4 2019 | +3.8% | +1.2% | -20.7% | |
| Q3 2019 | +4.3% | +5.4% | -0.1% | |
| Q2 2019 | +0.6% | -1.1% | +0.7% | |
| Q1 2019 | +2.5% | -1.4% | -17.2% | |
| Q4 2018 | +0.4% | +4.4% | +1.1% | |
| Q3 2018 | +0.0% | +2.9% | +2.1% | |
| Q2 2018 | +4.4% | +4.9% | +3.6% | |
| Q1 2018 | -0.9% | -0.3% | +10.3% | |
| Q4 2015 | -5.4% | -5.5% | -4.6% | |
| Q4 2017 | -0.7% | -7.3% | -11.8% | |
| Q3 2016 | +1.1% | -0.9% | +9.0% | |
| Q3 2017 | -1.9% | -2.7% | +6.5% | |
| Q2 2016 | -1.4% | -1.3% | +2.9% | |
| Q2 2017 | -1.4% | -1.3% | +2.9% | |
| Q1 2016 | -2.2% | -2.6% | +12.3% | |
| Q4 2016 | -2.2% | -2.6% | +12.3% | |
| Q1 2017 | +1.0% | +2.1% | +16.1% |
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