Schneider National Lowers FY2025 Adj EPS Guidance from $0.90-$1.20 to $0.75-$1.00 vs $0.89 Est

Business Outlook

(in millions, except per share data)	Prior Guidance	Current Guidance
Adjusted diluted earnings per share	$0.90 - $1.20	$0.75 - $1.00
Net capital expenditures (millions)	$400 - $450	$325 - $375

"We have made significant progress in structurally positioning our business to be nimble through our commercial, cost, asset efficiency, and capital allocation actions. These efforts have allowed us to deliver through uncertainty and to be in a position to capitalize on our enhanced operating leverage when the freight market improves," said Darrell Campbell, Executive Vice President and Chief Financial Officer of Schneider. "While the current macro-economic environment is leading to declining consumer sentiment and increasing shipper uncertainty, we expect to deliver improved year over year results through 2025, although tempered versus our previous outlook."

Campbell added, "Our updated 2025 full year adjusted diluted earnings per share guidance is $0.75 - $1.00, which assumes a full year effective tax rate of 23.0% - 24.0%. Our updated full year net capital expenditure guidance is $325 to $375 million."