Ongoing strong demand for freight helped Schneider National report second-quarter adjusted earnings per share of 60 cents, 16 cents ahead of analysts’ expectations and 34 cents better than the prior-year result.
Expecting “excess demand” for freight to continue the rest of the year, Schneider (NYSE: SNDR) raised its 2021 earnings-per-share guidance Thursday to $1.85 to $1.95, up from a prior guidance of $1.60 to $1.70.
“Inherent in this updated guidance was the expectation for continued strength...
https://www.freightwaves.com/news/schneider-easily-beats-q2-estimates-raises-2021-outlook