Reports Q4 revenue $1.56B, consensus $1.66B. "We anticipate that 2023 will finish stronger than it began and that freight demand will strengthen as the year progresses," said Stephen Bruffett, executive VP, CFO of Schneider. "Based on this and other market expectations, our guidance for full year 2023 adjusted diluted EPS is $2.15 – 2.35. Our net capital expenditures guidance for full year 2023 is approximately $525 – $575 million, with an expected full year effective tax rate of approximately 24.5%."
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on SNDR:
- Schneider National approves up to $150M stock repurchase program
- JB Hunt falls 5% after Q4 EPS misses consensus estimates
- Schneider, Werner upgraded to Buy, XPO Logistics downgraded at BofA
- Schneider National upgraded to Buy from Underperform at BofA
- Schneider National price target raised to $26 from $24 at Citi
