WERN Earnings Prediction
The chart below shows how WERN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, WERN sees a +0.29% change in stock price 10 days leading up to the earnings, and a +1.20% change 10 days following the report. On the earnings day itself, the stock moves by -0.04%. This data can give you a slight idea of what to expect for the next quarter's release.
WERN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
745.70M
-8.81%
-1.98%
Gross Margin
73.45%
1.35%
0.84%
Operating Margin
2.01%
-42.90%
-10.27%
Net Margin
0.88%
-69.34%
-27.27%
EPS
0.11
-70.27%
-26.67%
No Data Available
WERN Earnings Analysis
Werner Enterprises Inc Corporation (WERN.O) Earnings Conference Call
Positive
Revenue Decline, Margin Improvement: During the third quarter, revenues totaled $746 million, reflecting a 9% decrease compared to the prior year, but adjusted operating income was $21.6 million, with an adjusted operating margin of 2.9%, an increase of 48% and 220 basis points, respectively.
Adjusted EPS Decline: Adjusted EPS of $0.15 declined by $0.27, primarily driven by elevated health insurance claims, but the company continues to see positive signs in operational improvements.
Dedicated Revenue Analysis: Dedicated revenue net of fuel was $285 million, down 7% year-over-year, but represented 63% of TTS revenue, consistent with the previous year.
Truck Revenue Growth: Revenue per truck per week increased by 7% year-over-year during Q3, while dedicated revenue per truck per week grew by 1.7%, showing strong performance in the dedicated segment.
Cash Position and Flow: The company ended the third quarter with $55 million in cash and cash equivalents, and operating cash flow was $61 million for the quarter, representing 8% of total revenue.
Negative
Revenue Decline Analysis: During the quarter, revenues were 9% lower versus the prior year.
Operating Income Decline: Adjusted operating income was $21.6 million and adjusted operating margin was 2.9%, a decrease of 48% and 220 basis points, respectively.
Adjusted EPS Decline Factors: Adjusted EPS of $0.15 declined $0.27, primarily driven by a softer used equipment market, lower gains and higher interest expense combined with rate pressure in One-Way and Logistics.
Revenue Decline in Q3: Truckload Transportation Services total revenue for the third quarter was $523 million, down 9%.
Revenue Decline Analysis: Dedicated revenue net of fuel surcharges declined 6% to $460 million.
WERN FAQs
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WERN Earning Call Sentiment
Werner Enterprises, Inc. (WERN) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
WERN.O
-0.2%Positive
The earnings call presents a mixed picture: financial performance is weak with declines in revenue, EPS, and operating margins, but there is optimism in guidance and structural savings. The Q&A highlights uncertainties in rate increases and health claims, causing some concern. The market cap suggests moderate volatility, but the lack of strong catalysts or negative surprises leads to a neutral prediction.
