Schneider National raised its full-year 2026 earnings per share guidance to a range of $0.90 to $1.10, up from the previous $0.70 to $1.00, while lowering its net capital expenditure forecast to $350 million to $400 million from $400 million to $450 million. Executive Vice President and CFO Darrell Campbell cited a lower need for trailing equipment and an ongoing focus on asset efficiency for the reduced spending. The company reported second-quarter adjusted diluted earnings per share of $0.29, with enterprise revenues excluding fuel surcharge reaching $1.3 billion and adjusted income from operations of $73 million. CEO Jim Filter noted that earnings more than doubled sequentially and described the market as driver-constrained, with spot rates exceeding contract rates at a level that historically precedes more meaningful contract rate improvement. The updated outlook incorporates the anticipated loss of a large Dedicated customer in the second half of the year.
Schneider National IncRaised 2026 EPS guidance and lowered net CapEx, indicating improved profitability and capital efficiency.