earnings
confidence high
sentiment positive
materiality 0.70
Werner Q3 revenue up 18% to $827.6M; adjusted EPS $0.90 vs $0.79 YoY
WERNER ENTERPRISES INC
2022-Q3 EPS reported
$2.79
revenue$2,428,487,000
- Total revenues $827.6M up 18%; operating income $76.3M up 7%; operating margin 9.2% vs 10.1%.
- Diluted EPS $0.86 (-8%); adjusted diluted EPS $0.90 (+14%); adjusted net income $57.2M (+7%).
- TTS segment revenue $621.9M (+18%); Logistics revenue $187.1M (+18%).
- CEO notes softening freight market; expects more subdued peak vs last year.
- Non-GAAP adjustments exclude net unrealized gain of $0.1M vs $16.1M in Q3 2021.