Schneider National (SNDR) Q1 2025 Earnings
How Did SNDR Stock React to Q1 2025 Earnings?
S&P 500 over the same 30 days: +6.74%.
Did SNDR Beat Earnings? Q1 2025 Results
Yes. Schneider National reported Q1 2025 earnings of $0.16 a share on May 1, 2025, beating the $0.14 consensus estimate by 15.3%. Revenue was $1.4B against a $1.4B estimate.
Schneider National posted a mixed but broadly constructive first quarter, beating the bottom-line consensus while coming in just shy on revenue as the Cowan Systems acquisition and a strong Intermodal turnaround offset a softer freight backdrop. Adjusted diluted EPS of $0.16 topped the $0.14 consensus estimate by 15.27%, rising 45% year over year, while operating revenue of $1.40 billion grew 6.3% from a year ago but fell 0.60% short of the $1.41 billion Wall Street expected. The Cowan-driven expansion of Dedicated trucking, where average truck count surged 27% to 8,543 trucks, was the standout operational story, complemented by Intermodal's operating ratio improving 250 basis points to 94.7% as enterprise income from operations climbed 47% to $42.10 million. The board also declared a quarterly dividend of $0.10 per share, signaling continued capital return amid the uncertainty. Management tempered the outlook, cutting full-year 2025 adjusted diluted EPS guidance to $0.75 to $1.00 from a prior $0.90 to $1.20, citing declining consumer sentiment and growing shipper caution tied to the broader macroeconomic environment.
- Cowan Systems acquisition contributing to Truckload Dedicated growth (27% truck count increase YoY)
- Improved revenue per truck per week across both Network and Dedicated operations
- Intermodal volume growth of 4% and improved revenue per order
- Enhanced rail network optimization and cost containment actions in Intermodal
- Effective brokerage net revenue management in Logistics
- All three reportable segments improved revenues, earnings, and margins year over year
“We delivered results for the quarter in line with our expectations while navigating the fluid operating environment. Revenues excluding fuel surcharge of nearly $1.3 billion were the second highest for a first quarter in our history, and all our reportable segments improved revenues, earnings, and margin year over year. As the quarter progressed, increasing economic uncertainty lowered consumer sentiment and market expectations.”
Schneider National CEO, on the earnings call
What Was Schneider National's Outlook in Q1 2025?
Schneider lowered its full-year 2025 guidance, citing declining consumer sentiment and increasing shipper uncertainty driven by the current macroeconomic environment. Updated full-year 2025 adjusted diluted EPS guidance is $0.75–$1.00, down from prior guidance of $0.90–$1.20, assuming a full-year effective tax rate of 23.0%–24.0%. Updated full-year net capital expenditure guidance is $325–$375 million, down from $400–$450 million. Management expects improved year-over-year results through 2025, but tempered versus previous outlook.
SNDR YoY Financials
| Metric | Q1 2025 | Q1 2024 | Year over year |
|---|---|---|---|
| Revenue | $1.4B | $1.3B | +6.3% |
| Operating Income | $42.1M | $28.7M | +46.7% |
| Net Income | $26.1M | $18.5M | +41.1% |
SNDR Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.