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WERNBearishEarningsnews
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Werner (WERN) Misses Q1 Earnings and Revenue Estimates

May 1, 2024, 2:58 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- Werner Enterprises Q1 2024 earnings miss estimates, revenue declines in TTS and Logistics. - Adjusted operating income and margin also drop significantly year over year. - Outlook for 2024 includes decline in TTS truck growth and increase in dedicated revenues. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Werner Enterprises Q1 2024 earnings miss estimates, revenue declines in TTS and Logistics.
  • Adjusted operating income and margin also drop significantly year over year.
  • Outlook for 2024 includes decline in TTS truck growth and increase in dedicated revenues.

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