Werner: Q1 Earnings Snapshot
By AP News
Published - May 03, 2023, 05:42 PM ET
Last Updated - Jun 21, 2023, 11:11 PM EDT
OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Werner Enterprises Inc. (WERN) on Wednesday reported first-quarter earnings of $35.2 million.
The Omaha, Nebraska-based company said it had net income of 55 cents per share. Earnings, adjusted for one-time gains and costs, came to 60 cents per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share.
The transportation company posted revenue of $832.7 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $830.2 million.
