Schneider National Inc (SNDR) announced a profit for first quarter that decreased from the same period last year and missed the Street estimates.
The company's earnings totaled $18.5 million, or $0.10 per share. This compares with $98.0 million, or $0.55 per share, in last year's first quarter.
Excluding items, Schneider National Inc reported adjusted earnings of $19.5 million or $0.11 per share for the period.
Analysts on average had expected the company to earn $0.12 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 7.7% to $1.32 billion from $1.43 billion last year.
Schneider National Inc earnings at a glance (GAAP) :
-Earnings (Q1): $18.5 Mln. vs. $98.0 Mln. last year.
-EPS (Q1): $0.10 vs. $0.55 last year.
-Revenue (Q1): $1.32 Bln vs. $1.43 Bln last year.
-Guidance:
Full year EPS guidance: $0.85 - $1.00
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