earnings
confidence high
sentiment negative
materiality 0.80
Werner Q2 2024 diluted EPS $0.15 down 68%; revenues $760.8M down 6%
WERNER ENTERPRISES INC
2024-Q2 EPS reported
$0.25
revenue$1,529,878,000
- Operating income $19.6M, down 58% YoY; operating margin 2.6% (down 320 bps).
- Truckload Transportation Services revenues $537.1M, down 6%; Logistics $208.9M, down 7%.
- Adjusted diluted EPS $0.17, down 67%; company repurchased 1.6M shares in Q2.
- CEO cites industry headwinds but notes sequential improvement and ongoing cost control.