Werner Enterprises Inc reports results for the quarter ended in September 30 - Earnings Summary

Werner Enterprises

30/10/2024 02:56

* Werner Enterprises Inc  WERN.OQ  reported quarterly
adjusted
earnings of 15 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 42 cents.  The mean expectation of
sixteen analysts for the quarter was for earnings of 21 cents
per share. Wall Street expected results to range from 17 cents
to 26 cents per share.
    * Revenue fell 8.8% to $745.70 million from a year ago;
analysts
expected $765.22 million. 
    * Werner Enterprises Inc's reported EPS for the quarter was
11
cents​.
    * The company reported quarterly net income of $6.57
million.
    * Werner Enterprises Inc shares had fallen by 1.1% this
quarter and lost 9.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 13.8%
in the last three months.​ 
    * In the last 30 days, eight analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 7
"hold" and 6 "sell" or "strong sell." 
    * The average consensus recommendation for the ground
freight &
logistics peer group is also "hold"

Wall Street's median 12-month price target for Werner
Enterprises Inc is $35.50 
This summary was machine generated from LSEG data October 30 at
02:56 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.21           0.15           Missed
 Jun. 30 2024      0.20           0.17           Missed
 Dec. 31 2023      0.27           0.14           Missed
 Dec. 31 2023      0.43           0.39           Missed