NYSE$SNDR
Schneider National Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Schneider National reported mixed results in Q3 2022. While revenue increased, income from operations decreased due to challenges in the Truckload and Intermodal segments.
Schneider National's Q3 2022 operating revenues increased by 16% to $1.7 billion. However, income from operations decreased by 5% to $145.4 million, and diluted earnings per share increased to $0.70. The company updated its full-year adjusted diluted earnings per share guidance to $2.60 - $2.65.
- Operating revenues increased by 16% to $1.7 billion compared to Q3 2021.
- Diluted earnings per share increased to $0.70, up from $0.62 in the prior year.
- Truckload segment experienced softer network volumes, while dedicated fleet increased 42% over the prior year.
- Intermodal segment grew volumes but faced supply chain and network challenges that compressed margin.
Headline financials
Revenue & EPS history
Schneider National · Revenue · Quarterly
$1.68B
Revenue by segment
Schneider National · $1.68B total across 6 segments · Q3 2022
- Truckload$571M+17.9%34.1%
- Logistics$464M-2.2%27.7%
- Intermodal$335M+13.2%20.0%
- Fuel surcharge$234M+104.1%13.9%
- Other$97.3M-0.7%5.8%
- Inter-segment eliminations-$25.6M—-1.5%
Forward guidance
The company has tightened its adjusted full-year earnings per share guidance to $2.60-$2.65 and updated its net capital expenditures guidance to $475 million.
Tailwinds
- Supportive contractual volumes and pricing across the enterprise.
- Well-positioned for 2023.
- Strategic pursuit of higher returns on capital.
- Earnings resiliency through continued growth in dedicated, intermodal, and logistics operations.
- Updated net capital expenditures guidance to $475 million.
Headwinds
- Moderating market conditions.
- Expectations for a muted peak season.
- Softer network volumes in the Truckload segment.
- Supply chain and network challenges in the Intermodal segment.
- Increased rail and dray related costs in Intermodal.
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 2022
+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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