{"schema_version":"secwatch.filing_event.v1","accession":"0000793074-23-000052","form_type":"8-K","ticker":"WERN","cik":"0000793074","company_name":"WERNER ENTERPRISES INC","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.017950+00:00","generated_at":"2026-06-09T03:35:06.512702+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Werner Q3 EPS $0.37 (-57% YoY); operating margin 4.6%, down 460 bps","bullets":["Total revenues $817.7M (-1% YoY); operating income $37.9M (-50%); adjusted operating income $41.9M (-47%).","TTS segment revenues $572.2M (-8%); Logistics revenues $230.3M (+23%) including ReedTMS acquisition.","Diluted EPS $0.37 (-57%); adjusted diluted EPS $0.42 (-53%). Net income $23.7M (-57%).","Net interest expense $6.9M, up $4.5M on higher rates and debt; effective tax rate 23.0%.","CEO cites continued challenging freight market; expects recovery as market strengthens."],"urls":{"canonical":"https://secwatch.observer/filing/0000793074-23-000052","json":"https://secwatch.observer/filing/0000793074-23-000052.json","markdown":"https://secwatch.observer/filing/0000793074-23-000052.md","text":"https://secwatch.observer/filing/0000793074-23-000052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/793074/000079307423000052/0000793074-23-000052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/793074/000079307423000052/wern-20231101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T03:35:06.512702+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d102e79e6587d93ccc67786a3c8d8249c99e5ae8","claim":"WERNER ENTERPRISES INC reported third quarter ended September 30, 2023 results: revenue $817.7 million, net income $23.7 million, EPS $0.37.","evidence_excerpt":"--- EX-99.1 (EX-99.1) --- Werner Enterprises Reports Third Quarter 2023 Results Third Quarter 2023 Highlights (all metrics compared to third quarter 2022) • Total revenues of $817.7 million, down 1% • Operating income of $37.9 million, down 50%; non-GAAP adjusted operating income of $41.9 million, down 47% • Operating margin of 4.6%, down 460 basis points; non-GAAP","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/793074/000079307423000052/0000793074-23-000052-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$817.7 million"},{"label":"Net income","value":"$23.7 million"},{"label":"EPS","value":"$0.37"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}