Schneider National missed third-quarter expectations and lowered its full-year 2024 guidance on Wednesday.
Adjusted earnings per share of 18 cents was 5 cents below the consensus estimate and 2 cents lower than the 2023 third quarter. The company said lower gains on equipment sales and equity investments were a 4-cent year-over-year headwind in the period. Elevated insurance costs, due to higher premiums and settlement expenses, were a 4-cent y/y drag as well.
Schneider (NYSE: SNDR) lowered...
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