secwatch.observer — SEC 8-K summary
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Issuer:     WERNER ENTERPRISES INC (WERN)
CIK:        0000793074
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0000793074-23-000005
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Werner Q4 revenue rises 13% to $861.5M but operating income down 10%, EPS $0.94 vs $1.15
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- Total revenues $861.5M (+13% YoY); operating income $88.4M (-10%); operating margin 10.3% vs 12.9%.
- Diluted EPS $0.94 (-18%); non-GAAP adjusted diluted EPS $0.99 (-13%).
- TTS revenues $634.8M (+13%); Logistics revenues $213.5M (+15%) but segment operating income declined.
- Full-year 2022 total revenues $3.29B (+20%); diluted EPS $3.74 (-2%); adjusted diluted EPS $3.70 (+7%).
- Interest expense $5.8M (+$4.2M); effective tax rate 24.7% vs 23.0% in prior year quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/793074/000079307423000005/0000793074-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/793074/000079307423000005/wern-20230207.htm
  HTML page:      https://secwatch.observer/filing/0000793074-23-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer