---
schema_version: "secwatch.filing_event.v1"
accession: "0000793074-24-000034"
form_type: "8-K"
ticker: "WERN"
cik: "0000793074"
company_name: "WERNER ENTERPRISES INC"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T05:04:21.952065+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Werner Q1 revenue down 8%, EPS drops 82% to $0.10; adjusted EPS $0.14 down 77%

## Summary
- Total revenues $769.1M, down 8% YoY; TTS revenues $551.1M (-6%), Logistics $202.5M (-11%).
- Operating income $15.6M (-71%); operating margin 2.0% vs 6.4% prior year; adjusted operating margin 2.4%.
- Diluted EPS $0.10 vs $0.55 prior year; adjusted diluted EPS $0.14 vs $0.60.
- CEO cites persistent excess capacity, pricing pressure, adverse weather as headwinds.
- Net income $6.3M (-82%); company reduced debt and repurchased shares during quarter.

## SEC filing metadata
- accession: 0000793074-24-000034
- form_type: 8-K
- ticker: WERN
- cik: 0000793074
- company_name: WERNER ENTERPRISES INC
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/793074/000079307424000034/0000793074-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/793074/000079307424000034/wern-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000793074-24-000034
- JSON: https://secwatch.observer/filing/0000793074-24-000034.json
- Plain text: https://secwatch.observer/filing/0000793074-24-000034.txt

## Key facts
- Earnings Releases
  WERNER ENTERPRISES INC reported first quarter ended March 31, 2024 results: revenue $769.1 million, net income $6.3 million, EPS $0.10.
  - Period: first quarter ended March 31, 2024
  - Revenue: $769.1 million
  - Net income: $6.3 million
  - EPS: $0.10
  - Result: reported results
  source text: --- EX-99.1 (EX-99.1) --- Werner Enterprises Reports First Quarter 2024 Results First Quarter 2024 Highlights (all metrics compared to first quarter 2023) • Total revenues of $769.1 million, down 8% • Operating income of $15.6 million, down 71%; non-GAAP adjusted operating income of $18.6 million, down 68% • Operating margin of 2.0%, down 440 basis points; non-GAAP
  evidence_url: https://www.sec.gov/Archives/edgar/data/793074/000079307424000034/0000793074-24-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.