What Schneider National (SNDR) Said on Its Q3 Earnings Call

Impact · against what's priced in

SNDR is a modest buy as the Norfolk Southern agreement provides a tangible catalyst for intermodal growth that the market has not yet priced in, though the EPS guidance raise is already factored in. NSC benefits from the strategic designation as a primary provider for a major carrier's eastern network.

SNDR+0.30

Not in the price yet

The price assumes

the continuation of a 'driver-constrained' freight market with spot rates testing prior-cycle highs