How will SNDR's earnings trend in 2025?

**Schneider National's (SNDR) earnings are poised for a positive trend in 2025**, driven by several key factors:

1. **Analyst Upgrades and Price Targets**: Citigroup recently upgraded SNDR from Sell to Neutral, indicating a more positive outlook on the stock. The average one-year price target is $30.10, suggesting a significant upside from the current price.
2. **Earnings Growth Projections**: For the fiscal year 2025, SNDR is projected to have an annual revenue of $6,898 million, reflecting a 30.38% increase. The projected annual non-GAAP EPS is $2.24, which represents a substantial improvement from the previous year.
3. **Segmental Performance**: SNDR's Intermodal segment has shown strong performance, with revenue increasing by 6% and operating income growing by nearly 40% compared to the previous year's fourth quarter. This segment's success is a positive indicator for future earnings.
4. **Strategic Initiatives**: The company's acquisition of Cowan Systems is expected to be accretive to earnings per share and provide additional annual synergies. This strategic move is likely to boost SNDR's profitability in 2025.
5. **Financial Health Indicators**: SNDR's net capital expenditures for 2024 exceeded guidance, and the company reported a year-over-year increase in free cash flow. These financial health indicators suggest that SNDR is well-positioned to invest in growth opportunities and return value to shareholders.

In conclusion, SNDR's earnings are likely to show strong growth in 2025, driven by improvements in revenue, segment performance, and strategic initiatives.