{"schema_version":"secwatch.filing_event.v1","accession":"0000793074-24-000007","form_type":"8-K","ticker":"WERN","cik":"0000793074","company_name":"WERNER ENTERPRISES INC","filed_at":"2024-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.935115+00:00","generated_at":"2026-06-06T08:45:15.593937+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Werner Q4 2023: revenue down 5%, EPS $0.37 (-61% YoY), operating margin 4.6%","bullets":["Total revenues $821.9M (-5% YoY); TTS revenues down 9% to $580.1M; Logistics up 6% to $227.0M.","Operating income $37.9M (-57%); adjusted operating income $39.2M (-56%); operating margin 4.6% (down 570 bps).","Diluted EPS $0.37 (-61%); adjusted diluted EPS $0.39 (-61%); net income $23.6M (-61%).","Full year 2023: total revenues $3.28B flat; operating income $176.4M (-45%); diluted EPS $1.76 (-53%).","CEO cites ongoing pricing pressure; Dedicated segment grew rev per truck for 9th year; $40M+ structural cost savings realized."],"urls":{"canonical":"https://secwatch.observer/filing/0000793074-24-000007","json":"https://secwatch.observer/filing/0000793074-24-000007.json","markdown":"https://secwatch.observer/filing/0000793074-24-000007.md","text":"https://secwatch.observer/filing/0000793074-24-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/793074/000079307424000007/0000793074-24-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/793074/000079307424000007/wern-20240206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T08:45:15.593937+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":"242353348239ea320dbf647518f868f766d30204","claim":"WERNER ENTERPRISES INC reported year ended December 31, 2023 results: revenue $3.28 billion, net income $112.4 million, EPS $1.76.","evidence_excerpt":"2023 Highlights (all metrics compared to 2022) • Total revenues of $3.28 billion, relatively flat • Operating income of $176.4 million, down 45%; non-GAAP adjusted operating income of $189.7 million, down 43% • Operating margin of 5.4%, down 440 basis points; non-GAAP adjusted operating margin of 5.8%, down 430 basis points • Diluted EPS of $1.76, down 53%; non-GAAP adjusted diluted EPS of $1.93, down 48%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/793074/000079307424000007/0000793074-24-000007-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year ended December 31, 2023"},{"label":"Revenue","value":"$3.28 billion"},{"label":"Net income","value":"$112.4 million"},{"label":"EPS","value":"$1.76"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b77289fbb91c13e5c893530529468d36db33c7ba","claim":"WERNER ENTERPRISES INC reported fourth quarter ended December 31, 2023 results: revenue $821.9 million, net income $23.6 million, EPS $0.37.","evidence_excerpt":"Werner Enterprises Reports Fourth Quarter and Annual 2023 Results Fourth Quarter 2023 Highlights (all metrics compared to fourth quarter 2022) • Total revenues of $821.9 million, down 5% • Operating income of $37.9 million, down 57%; non-GAAP adjusted operating income of $39.2 million, down 56% • Operating margin of 4.6%, down 570 basis points; non-GAAP adjusted operating margin of 4.8%, down 560 basis points • Diluted EPS of $0.37, down 61%; non-GAAP adjusted diluted EPS of $0.39, down 61%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/793074/000079307424000007/0000793074-24-000007-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$821.9 million"},{"label":"Net income","value":"$23.6 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"}