Schneider National Q3 revenue slightly beats estimates; raises 2026 EPS outlook

Overview

• US transportation and logistics firm's Q3 revenue rose 9%, slightly beating analyst expectations

• Adjusted diluted EPS for Q3 missed consensus estimates

• Company raised full-year 2026 adjusted EPS guidance to $1.00-$1.10

Outlook

• Schneider raises full-year 2026 adj diluted EPS guidance to $1.00-$1.10

• Company expects 2026 net capital expenditures of $325-$350 mln

• Outlook assumes continued contract rate recovery and benefits from productivity and cost initiatives

Result Drivers

• TRUCKLOAD SEGMENT - Co said truckload earnings more than doubled, driven by improved pricing, productivity, acquisition-related cost synergies, higher gains on equipment sales, and better equipment utilization, partly offset by increased purchased transportation

• INTERMODAL SEGMENT - Intermodal delivered strong earnings growth, supported by higher revenue per order from price increases and favorable freight mix, partly offset by higher purchased transportation costs

• LOGISTICS SEGMENT - Logistics results were negatively affected by higher purchased transportation and insurance costs related to a prior year claim, despite higher revenue per order

Company press release:

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)