Werner Enterprises

Werner Enterprises, Inc. engages in the provision of logistics services. It operates through the Truckload Transportation Services and Werner Logistics segments. The Truckload Transportation Services segment consists of one-way truckload and specialized services units such as the medium-to-long haul van fleet which provides a consumer non durable products and commodities in truckload quantities. The Werner Logistics segment provides non-trucking services to customers such as truck brokerages which uses contracted carriers to complete customer shipments. The company was founded by Clarence L. Werner in 1956 and is headquartered in Omaha, NE.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Werner Enterprises reports record earnings, eyes growth amid market challenges

Werner Enterprises showcased strong financial performance in 2022, driven by record earnings and revenue growth.
Challenges in One-Way Truckload and Logistics segments were offset by the success of the Dedicated fleet.
The company's strategic acquisitions and focus on sustainability position it well for future growth.
Werner's commitment to safety, ESG initiatives, and operational excellence underpin its confidence for the year ahead.

Werner Enterprises reports mixed Q1 results, eyes growth opportunities

Werner Enterprises navigated challenging Q1 freight conditions with a focus on the dedicated fleet. Despite higher expenses impacting earnings, the company saw revenue growth and operational improvements.
While facing challenges in certain segments, opportunities exist for rate improvements, growth in Mexico cross-border business, and enhanced driver satisfaction. The company remains committed to excellence and financial performance.
With a new CFO onboard and strategic acquisitions, Werner is poised for growth and resilience. Optimism for a stronger second half of 2023 and a bullish outlook on key business areas signal a positive trajectory.

Werner Enterprises reports Q2 revenue challenges but focuses on growth

Werner Enterprises faced revenue challenges but showed growth in key segments. The company is focused on cost control, efficiency, and margin improvement.
Optimism surrounds growth in logistics and digital offerings to reduce operating costs. Challenges include margin pressures and headwinds in certain segments.
Opportunities lie in improving market conditions, productivity gains, and cost-saving initiatives. Werner is navigating post-COVID recovery with a focus on operational execution.

Werner Enterprises faces Q3 challenges but eyes growth opportunities

Werner Enterprises navigated a tough Q3 with below-expectation results but remains optimistic about future benefits from cost-saving initiatives and tech investments. The company's focus on technology innovation, commitment to strategic reinvestment, and positive outlook on Dedicated services provide a strong foundation for growth. Challenges in pricing and margin pressure require careful management, but opportunities in strategic pricing adjustments and customer expansion offer avenues for improvement.

Werner Enterprises reports Q4 2023 earnings, eyes margin expansion

Werner Enterprises navigated a challenging 2023 with strategic cost savings and structural improvements. The company aims for margin expansion and operational efficiency in 2024, focusing on growth and capital allocation priorities.

Werner Enterprises tackles market challenges with resilience and strategic focus

Werner Enterprises navigated a tough Q1 with a focus on resilience, cost management, and operational excellence amidst challenging freight market conditions.
The company's strategic initiatives, including fleet modernization and margin guidance, aim to drive growth and capitalize on upcoming market dynamics.
Despite challenges, Werner remains committed to operational improvements, expense management, and strategic investments for future success.

Werner Enterprises reports improved Q2 earnings and strategic growth focus

Werner Enterprises' Q2 performance showed resilience amidst industry headwinds, with a focus on cost control and operational efficiency. While facing revenue challenges, the company remains committed to strategic growth initiatives and shareholder value creation.

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Werner Enterprises, Inc. (NASDAQ:WERN ) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Company Participants Chris Neil - Senior Vice President, Pricing & Strategic Planning Derek Leathers - Chairman President & Chief Executive Officer Chris Wikoff - Newly Appointed Chief Financial Officer John Steele - Retiring Chief Financial Officer Conference Call Participants Jack Atkins - Stephens Scott Group - Wolfe Research Mike Triano - UBS Ken Hoexter - Bank of America Rob Salmon - Citigroup Jon Chappell - Evercore Bert Subin - Stifel Operator Good afternoon, and welcome to the Werner Enterprises' First Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode [Operator Instructions].

Werner Enterprises, Inc. (WERN) Q1 2023 Earnings Call Transcript

Werner Enterprises (WERN) came out with quarterly earnings of $0.60 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.96 per share a year ago.

Werner Enterprises (WERN) Lags Q1 Earnings Estimates

Werner Enterprises on Wednesday reported first-quarter revenue of $832.7 million, a 9% year over year (y/y) increase compared to the same quarter in 2022. The Omaha, Nebraska-based carrier had first-quarter adjusted earnings per share of 60 cents, about 11 cents lower than the consensus estimate and a 37% y/y decrease compared to the same year-ago quarter.

Werner misses Q1 earnings estimate, sees spot market hitting bottom in Q2

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, today reported results for the first quarter ended March 31, 2023. “While macroeconomic conditions and continued softness in the freight market were increasingly challenging in the first quarter, we achieved our third highest revenue quarter driven by revenue per truck increases in our Dedicated business and our growing Logistics business,” said Derek J. Leathers, Chairman, Pr.

Werner Enterprises Reports First Quarter 2023 Results

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, proudly announces its designation as a VETS Indexes 4 Star Employer in the 2023 VETS Indexes Employer Awards for the third consecutive year. The award recognizes Werner's commitment to recruiting, hiring, retaining, developing and supporting veterans and the military-connected community. “We have deep respect and honor for our nation's heroes and strive to provide them with the best.

Werner Enterprises Honored as a 2023 VETS Indexes 4 Star Employer

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is pleased to announce its first two Freightliner eCascadia battery electric vehicles, (BEVs), are officially transporting freight in Southern California. These trucks have zero tailpipe emissions and significant potential to reduce Werner's carbon footprint. “Working toward our sustainability goal of a 55 percent reduction in carbon emissions by 2035, we've done extensive research.

Werner Incorporates First Battery Electric Vehicles Into Southern California Fleet

Werner (WERN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Werner Enterprises (WERN) to Report a Decline in Earnings: What to Look Out for

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is excited to enhance its sustainability efforts through testing and validating the 2023 X15N Cummins natural gas engine in its fleet. Werner is one of the few carriers that have started testing the newest engine technology with natural gas, with a goal to achieve a 55 percent reduction in carbon emissions by 2035. “As a top five truckload carrier in North America, we are committed.

Werner Among First Group of Carriers to Test Renewable Natural Gas Through Cummins Engines

Improving freight market conditions boost Werner (WERN). However, high debt levels are worrisome.

Here's Why You Should Retain Werner (WERN) in Portfolio Now

Werner: Risky, But M&A And Automated Tracking Could Imply Undervaluation

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, will release its first quarter earnings on Wednesday, May 3, 2023, after the market close. The company will also hold a conference call to discuss the first quarter 2023 results and updated 2023 outlook on the same day, beginning at 4:00 p.m. CT. The news release, live webcast of the earnings conference call, and accompanying slide presentation will be available at www.werner.

Werner Enterprises to Announce First Quarter 2023 Earnings and Host Earnings Call on May 3, 2023

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is proud to announce Julia Hoult, Senior Director of Logistics, was selected as a Supply & Demand Chain Executive's 2023 Pros to Know award recipient. This annual award recognizes outstanding leaders whose accomplishments offer a roadmap for others looking to leverage the supply chain for competitive advantage.

Supply & Demand Chain Executive Names Werner Associate a 2023 Pros to Know Award Winner

Strength across both segments, Truckload Transportation Services and Logistics, aids Werner's (WERN) top-line growth. Rising operating expenses are likely to weigh on the bottom line.

Werner (WERN) Rides on Segmental Growth Amid Rising Expenses

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, has been named No. 3 on the Top 10 Military Friendly® Company list by Military Friendly®, a national organization supporting the U.S. military and its veterans. This award recognizes Werner's hiring, recruitment, training and development efforts for veterans and their families.

Werner Earns 2023 Military Friendly® Company Designation

Transportation and logistics provider Werner Enterprises announced Thursday that Christopher Wikoff has been appointed chief financial officer. Wikoff will succeed longtime CFO John Steele on April 18.

Werner names new CFO

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, announced today that its Board of Directors appointed Christopher D. Wikoff to serve as Executive Vice President, Treasurer and Chief Financial Officer (“CFO”) effective April 18, 2023. Mr. Wikoff succeeds John J. Steele, who announced his retirement plans last August. Mr.

Werner Enterprises Names Chris Wikoff as Chief Financial Officer

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, was named one of America's Greatest Workplaces 2023 for Diversity by Newsweek. After reviewing more than 350,000 companies during the selection process, the inaugural list recognizes the top 1,000 companies in the U.S. making strides in supporting a diverse workforce.

Werner Named to Newsweek's America's Greatest Workplaces 2023 for Diversity List

Werner Enterprises (WERN) fourth-quarter 2022 revenues benefit from solid growth across both of its segments -Truckload Transportation Services and Logistics.

Werner Enterprises (WERN) Q4 Earnings, Revenues Top Estimates

Werner Enterprises, Inc. (NASDAQ:WERN ) Q4 2022 Results Conference Call February 7, 2023 5:00 PM ET Company Participants Chris Neil - Senior Vice President of Pricing and Strategic Planning Derek Leathers - Chairman, President and Chief Executive Officer John Steele - Chief Financial Officer Conference Call Participants Chris Wetherbee - Citigroup Jason Seidl - Cowen Securities Scott Group - Wolfe Research Jack Atkins - Stephens Ken Hoexter - Bank of America Tom Wadewitz - UBS Todd Fowler - KeyBanc Capital Markets Jon Chappell - Evercore ISI Bert Subin - Stifel Brian Ossenbeck - JPMorgan Operator Good afternoon, and welcome to the Werner Enterprises Fourth Quarter and Annual 2022 Earnings Conference Call. All participants will be in listen-only mode [Operator Instructions].

Werner Enterprises, Inc. (WERN) Q4 2022 Earnings Call Transcript

Like other carriers that have reported fourth-quarter results, Werner Enterprises expects to see a better freight market by the back half of 2023. The company's outlook calls for a “relatively muted economic backdrop,” but management believes that as customers work through excess inventories and truck capacity continues to leave the market, truckload fundamentals will firm.

Werner's Q4 beats, 2023 guidance has some hurdles

Werner (WERN) delivered earnings and revenue surprises of 7.61% and 2.11%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Werner Enterprises (WERN) Q4 Earnings and Revenues Surpass Estimates

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, today reported results for the fourth quarter and year ended December 31, 2022. “We made significant progress executing our strategy in 2022, and also closed on two additive acquisitions in fourth quarter.

Werner Enterprises Reports Fourth Quarter and Annual 2022 Results

Werner Enterprises may not have seen much appreciation over the past year or so, but the company is outpacing the market handily. This outperformance has been driven by improved fundamental data, with sales, profits, and cash flows all rising nicely.

Werner Enterprises: Still A Decent Play

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News for Werner Enterprises Stock (WERN)