brain/
sourcestock-market

Valuation marks: SNDR, WERN (Aug 27 close) plus SNDR Q2 print

Last-price Valuation marks as of the Aug 27, 2026 4:00 PM EDT close from stockanalysis for SNDR and WERN. SNDR Q2 FY2026 official print fill. Facts only. No Gage ranges. No issuer target copied.

Source

Valuation marks: SNDR, WERN (Aug 27 close) plus SNDR Q2 print

Generated by Grok Bot on 2026-08-27. Last price + as-of only. No Gage judgment this pass. Treat as raw material.

Scope: schneider-national.md and werner-enterprises.md only. Do not open Howmet, TMO, LLY, LMT/RTX, or UNP. Mechanism driver-supply-removal-to-truckload-contract-rate-inflection is current (updated 2026-08-25) — do not rewrite it. Encyclopedia is not a source.

Summary

House rule: each investment/entity page carries a short Valuation mark. This pass files the stockanalysis Aug 27, 2026 4:00 PM EDT close for SNDR and WERN as the last-price fact. No issuer target, downside, or horizon. Gage has not sent ranges — leave the Gage judgment slot empty. Stockanalysis consensus targets were not copied.

WERN already has Q2 FY2026 print on-page from 2026-07-28-earnings-wern-q2-fy2026. SNDR had call color but no headline print. This clip adds the official July 30, 2026 IR release numbers only.

Findings

SNDR — Schneider National

Fetched stockanalysis SNDR mark (not invented): $35.24 at the Aug 27, 2026 4:00 PM EDT close (+0.02 / +0.06%). Previous close $35.22. After-hours Aug 27 7:30 PM EDT printed $35.24 unchanged — not a separate mark. Consensus target on that page was not copied.

Q2 FY2026 official print (three months ended June 30, 2026), from Schneider IR, July 30, 2026 (box curl after WebFetch timeout):

  • Operating revenues $1,568.7M vs $1,420.5M (+10%)
  • Income from operations $71.4M vs $55.0M (+30%)
  • Diluted EPS $0.28 vs $0.20; adjusted diluted EPS $0.29 vs $0.21
  • Full-year 2026 adjusted diluted EPS guidance $0.90–$1.10; net capex $350–$400M (already on the wiki from the call source)
  • Truckload revenue per truck per week $4,162, up $198 / +5% vs Q2 2025 (official release; this is total Truckload, not the Network +16% line already filed from the call)

Do not collapse the official +5% Truckload RPT/week with the existing wiki Network +16% YoY. Different units. Leave both, sourced separately.

WERN — Werner Enterprises

Fetched stockanalysis WERN mark (not invented): $38.53 at the Aug 27, 2026 4:00 PM EDT close (−0.36 / −0.93%). Previous close $38.89. After-hours Aug 27 5:20 PM EDT printed $38.56 — not the mark. Consensus target on that page was not copied.

Q2 FY2026 print already lives on werner-enterprises.md from 2026-07-28-earnings-wern-q2-fy2026. Do not re-assert it as new.

What this is not

  • Not a buy/sell/size.
  • Not a Gage 12–24 month range. Gage will mark after these facts land.
  • Stockanalysis consensus targets were not copied.
  • Encyclopedia pages were not used as sources.

Contradictions and open questions

  • Yahoo Finance search snippet still showed WERN $38.89 "at close August 26." The mark is the fetched stockanalysis Aug 27 4:00 PM EDT close $38.53. Do not mix.
  • SNDR official Truckload RPT/week +5% vs existing wiki Network +16% — leave open; different mix.
  • No Gage last or range this pass.

Provenance

Method: Grok Bot / WebSearch / WebFetch / box curl (SNDR IR) / native X not used Generated: 2026-08-27

Web sources:

Addendum — Aug 26 cash close + transcript closes (Gage/Leo)

Leo: 8/27 is after the cash close. Overwrite the last-price marks to the Aug 26, 2026 4:00 PM EDT close (the Previous Close lines on the already-fetched stockanalysis pages). Do not use the Aug 27 $35.24 / $38.53 prints as the mark.

Gage slot stays empty. No invented ranges. Encyclopedia is not a source.

Next earnings (labeled listed vs company-confirmed)

  • Neither IR calendar has posted a Q3 2026 date (fetched Schneider IR events and Werner IR events calendar — no Q3 event). Company-confirmed: none.
  • Listed (street, not IR): WERN Q3 Oct 28, 2026 from FXEmpire WERN earnings. SNDR Q3 Oct 28, 2026 from FXEmpire SNDR earnings. Do not copy FXEmpire EPS/revenue estimates. Other unfetched calendars said SNDR Oct 29 — leave that as an open listed-date disagreement; do not treat Oct 29 as fetched.

SNDR large dedicated customer (Fool Q2 transcript)

From Fool SNDR Q2 2026 transcript (8-K / transcript only):

  • Campbell prepared: "we're anticipating the loss of a large dedicated customer, which will be more evident in the second half of the year."
  • Filter, asked to quantify: did not give dollars or trucks. Talked portfolio quality / churn / RPT/week. Unsized. Leave open.
  • Do not file FreightWaves "500 trucks" as the loss. The transcript "500 new trucks sold year-to-date" is dedicated sales, not the departing customer.

WERN "third inning" (stockanalysis Q2 transcript)

From stockanalysis WERN Q2 2026 transcript:

  • Prepared remarks: "carrier exits are still in the early innings." Closing: "in the early stages."
  • Q&A Derek Leathers to Eric Morgan (Barclays): "I think third inning-ish right now is where we're at. There's still going to be significantly more capacity removed from the road between now and the end of the year. Frankly, it'll probably take into the early parts of next year."
  • File that quote to this transcript. Do not leave it as a FreightWaves paraphrase.

FY26 EPS / RPT guide + capex replacement vs expansion

SNDR (Schneider IR + same Fool transcript):

  • FY26 adj diluted EPS $0.90–$1.10; net capex $350–$400M (cut from $400–450M).
  • No FY26 RPT guide. Printed Q2: Truckload RPT/week +5% YoY; Network RPT/week +16%; Dedicated RPT "modest" / "up modestly." Filter: Dedicated RPT improvement expected in Q3.
  • Capex: Campbell — plan "continues to reflect the use of CapEx to improve our age of fleet"; cut is "lower need for trailing equipment." Q2 net capex $84M vs $53M "primarily reflecting our efforts to improve the age of tractor fleet." Also: investment will "support growth across intermodal, especially dray capacity, and in dedicated, particularly in specialty equipment." Mix: mostly fleet-age / trailing-efficiency, not a fleet-expansion guide; some dedicated/specialty and intermodal-dray growth spend. Do not flatten to "pure replacement."

WERN (same stockanalysis transcript; already partly on the page):

  • No full-year EPS guide printed.
  • Dedicated RPT/week FY guide raised to +3–5% from flat-to-+3%. One-Way RPM Q3 guide +10–13% (Q2 was +10.4%).
  • Average truck fleet growth cut to 16–18% from 23–28%. Net capex raised to $215–250M from $185–225M.
  • Leathers to Scott Group: "That CapEx increase is predominantly replacement with a little bit of what I would call fringe pre-buy." Wikoff: accelerate tractor age toward mid-2s; still FCF positive; upper-single-digit % of revenue.

Addendum provenance

Referenced by
Entities
Schneider National (SNDR)Werner Enterprises (WERN)
Sources
Gage judgment on SNDR and WERN (12–18 months)