Free Post Earnings Research Report: Schneider National’s Revenue Grew 5%

LONDON, UK / ACCESSWIRE / December 21, 2017 / Active-Investors.com has just released a free earnings report on Schneider National, Inc. (NYSE: SNDR). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=SNDR . The Company posted its financial results on November 07, 2017, for the third quarter fiscal 2017. The trucking Company's revenue surpassed analysts' expectations. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Schneider National most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

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Earnings Highlights and Summary

For three months ended September 30, 2017, Schneider's operating revenues increased 5% to $1.11 billion from $1.05 billion in Q3 FY16. The Company's operating revenue surpassed analysts' expectations of $1.10 billion.

For the reported quarter, Schneider's adjusted EBITDA decreased 1.9% to $139.7 million from $142.4 million in Q3 FY16. For the reported quarter, the Company's adjusted EBITDA margin decreased 90 basis points to 12.6% of revenue from 13.5% of revenue in Q3 FY16.

For the reported quarter, the Company's operating ratio was 94.2% compared to 93.3% in Q3 FY16. For the reported quarter, the Company's adjusted operating ratio was 93.2% compared to 92.6% in Q3 FY16.

For the reported quarter, Schneider's operating income decreased 9.5% to $64.1 million from $70.8 million in Q3 FY16. For the reported quarter, the Company's operating margin decreased 90 basis points to 5.8% of revenue from 6.7% of revenue in Q3 FY16. For the reported quarter, Schneider's adjusted operating income decreased 4.4% to $69.2 million from $72.4 million in Q3 FY16. For the reported quarter, the Company's adjusted operating margin decreased 60 basis points to 6.2% of revenue from 6.8% of revenue in Q3 FY16.

For the reported quarter, Schneider's earnings before tax (EBT) decreased 5.9% to $60.7 million from $64.5 million in Q3 FY16. For the reported quarter, the Company's EBT margin decreased 60 basis points to 5.5% of revenue from 6.1% of revenue in Q3 FY16.

For the reported quarter, Schneider's net income increased 0.3% to $36.9 million on a y-o-y basis from $36.8 million in Q3 FY16. During Q3 FY17, the Company's diluted EPS decreased 12.5% to $0.21 from $0.24 in the same period last year. For the reported quarter, Schneider's adjusted net income increased 5.8% to $40.0 million on a y-o-y basis from $37.8 million in Q3 FY16. During Q3 FY17, the Company's adjusted diluted EPS decreased 4.2% to $0.23 from $0.24 in the same period last year. Adjusted diluted EPS was below analysts' expectations of $0.25.

Segment Details

Truckload - During Q3 FY17, the Truckload segment's net revenue increased 2% to $551.7 million from $540.8 million in the same period last year. For the reported quarter, the segment's operating income decreased 23.3% to $41.1 million from $53.6 million in Q3 FY16. For the reported quarter, the segment had 11,890 trucks on an average, compared to 12,164 in Q3 FY16. For the reported quarter, the segment's revenue per truck per week was $3,614 compared to $3,446 in the third quarter of 2016.

Intermodal - During Q3 FY17, the Intermodal segment's net revenue increased 4.5% to $196.0 million from $187.6 million in the same period last year. For the reported quarter, the segment's operating income increased 11.9% to $12.2 million from $10.9 million in Q3 FY16. For the reported quarter, the segment had 104,452 orders compared to 96,418 in Q3 FY16. For the reported quarter, the segment's revenue per order was $1,876 compared to $1,946 in the third quarter of 2016.

Logistics -During Q3 FY17, the Logistics segment's net revenue increased 7.6% to $209.1 million from $194.3 million in the same period last year. For the reported quarter, the segment's operating income increased 8.3% to $9.1 million from $8.4 million in Q3 FY16.

Other - During Q3 FY17, the Other segment's net revenue increased 28.4% to $85.4 million from $66.5 million in the same period last year. For the reported quarter, the segment's operating income was $1.7 million, compared to operating loss of $2.1 million in Q3 FY16.

Balance Sheet

As on September 30, 2017, Schneider's cash and cash equivalents increased 54.6% to $202.2 million from $130.8 million on December 31, 2016. For the reported quarter, the Company's long-term debt and capital lease obligations decreased 3.8% to $422.9 million from $439.6 million in Q4 FY16.

For the reported quarter, the Company's net trade accounts receivables increased 12.8% to $500.8 million from $444.0 million in Q4 FY16. For the reported quarter, the Company's trade accounts payable increased 25.1% to $284.4 million from $227.3 million in Q4 FY16.

In the first nine months of 2017, the Company's net cash provided by operating activities decreased 0.6% to $315.7 million from $317.5 million in the same period last year. In the first nine months of 2017, the Company's free cash flow was positive $66.1 million compared to negative $32.1 million in the same period last year.

Outlook

For FY17, the Company expects adjusted diluted EPS to be in the range of $0.92 to $0.97 and capital expenditure to be in the range of $350 million to $400 million.

Stock Performance Snapshot

December 20, 2017 - At Wednesday's closing bell, Schneider National's stock advanced 1.29%, ending the trading session at $28.22.

Volume traded for the day: 2.05 million shares, which was above the 3-month average volume of 566.83 thousand shares.

Stock performance in the last month – up 15.61%; previous three-month period – up 13.84%; past six-month period – up 35.28%; and year-to-date – up 48.53%

After yesterday's close, Schneider National's market cap was at $4.89 billion.

Price to Earnings (P/E) ratio was at 32.00.

The stock has a dividend yield of 0.71%.

The stock is part of the Services sector, categorized under the Trucking industry. This sector was up 0.1% at the end of the session.

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