09:57 AM EDT, 08/01/2024 (MT Newswires) -- Schneider National's ( SNDR ) shares were nearly 6% higher in recent Thursday trading after the company reported Q2 adjusted earnings of $0.21 per diluted share, down from $0.45 a year earlier.

Analysts polled by Capital IQ expected $0.18.

Operating revenue for the quarter ended June 30 was $1.32 billion, compared with $1.35 billion a year ago.

Analysts surveyed by Capital IQ expected $1.35 billion.

The company said it lowered its 2024 adjusted earnings guidance to between $0.80 and $0.90 per diluted share from the previous guidance range of $0.85 to $1. Analysts polled by Capital IQ expect $0.81.

Price: 28.50, Change: +1.59, Percent Change: +5.89