AI brief of an SEC Form 8-K · Schneider National (SNDR)

Schneider National cuts 2024 EPS guidance as Q2 income from operations falls 51%

Negative Impact 4 of 5 guidance Written later

Schneider National reported second quarter 2024 operating revenues of $1,316.7 million, down 2% from $1,346.5 million a year earlier, while income from operations fell 51% to $51.0 million and diluted EPS dropped to $0.20 from $0.43. The company also lowered its full-year 2024 adjusted diluted EPS guidance to $0.80-$0.90 from $0.85-$1.00, citing slower-than-expected pricing gains, which signals weaker profit expectations for shareholders.

Key points

  • Q2 2024 income from operations was $51.0 million versus $103.8 million in Q2 2023; diluted EPS was $0.20 versus $0.43.
  • Full-year 2024 adjusted diluted EPS guidance was cut to $0.80-$0.90 from $0.85-$1.00.
  • Net capital expenditures guidance was lowered to $300.0-$350.0 million from $350.0-$400.0 million.
  • Q2 2024 free cash flow was $112.9 million, compared with negative $57.1 million in Q2 2023.

The filing

CompanySchneider National (SNDR)
Form8-K, current report
Filed with the SECAug 1, 2024, 9:01 AM ET
Accession number0001692063-24-000119

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 01, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.