Transportation company Schneider (NYSE:SNDR) will be reporting results tomorrow before market open. Here’s what investors should know.

Schneider National missed analysts’ revenue expectations by 2.7% last quarter, reporting revenues of $1.32 billion, down 2.2% year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts’ operating margin estimates.

Is Schneider National a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Schneider National’s revenue to decline 1.6% year on year to $1.33 billion, improving from the 19.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.23 per share.

Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 7 downward revisions over the last 30 days (we track 12 analysts).

Looking at Schneider National’s peers in the ground transportation segment, some have already reported their Q3 results, giving us a hint as to what we can expect. XPO delivered year-on-year revenue growth of 3.7%, beating analysts’ expectations by 1.8%, and Covenant Logistics reported flat revenue, falling short of estimates by 2.8%. XPO’s stock price was unchanged after the results, and Covenant Logistics’s price followed a similar reaction.

Read our full analysis of XPO’s results here and Covenant Logistics’s results here.

Investors in the ground transportation segment have had steady hands going into earnings, with share prices flat over the last month. Schneider National is up 4.3% during the same time and is heading into earnings with an average analyst price target of $28.71 (compared to the current share price of $28.57).

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