secwatch.observer — SEC 8-K summary
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Issuer:     WERNER ENTERPRISES INC (WERN)
CIK:        0000793074
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0000793074-24-000061
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Werner Q3 revenue down 9%, EPS down 72% amid challenging freight market
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- Total revenues $745.7M, down 9% YoY; diluted EPS $0.11, down 72%.
- Operating income $17.6M, down 54%; operating margin 2.4%, down 220 bps.
- Non-GAAP adjusted diluted EPS $0.15, down 64% from $0.42.
- Truckload segment revenues $522.8M (-9%); Logistics revenues $206.8M (-10%).
- CEO notes sequential improvements: one-way truckload revenue per mile up YoY; production up for 6th quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/793074/000079307424000061/0000793074-24-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/793074/000079307424000061/wern-20241029.htm
  HTML page:      https://secwatch.observer/filing/0000793074-24-000061

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