- 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 reported Q1 revenue of $769.08 million, down 7.6% over last year. - EPS was $0.14, compared to $0.60 in the same period last year. - Werner's operating ratios and revenue numbers missed analyst estimates. - Price Impact Rating: Bearish - Impact Horizon Rating: Short-term - Type: Earnings
- Werner Enterprises quarterly earnings of $0.14 per share missed estimates. - Revenue for the quarter ended March 2024 was $769.08 million, missing estimates. - Shares of Werner have lost 18.1% year-to-date compared to S&P 500's gain of 7.3%. - Estimate revisions trend for Werner is unfavorable, translating to a Zacks Rank #5. - Industry outlook in bottom 4% could impact Werner's performance. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- Werner Enterprises is expected to report a year-over-year decline in earnings for Q1 2024. - Zacks Consensus Estimate predicts quarterly earnings of $0.28 per share, down -53.3%. - Earnings ESP of +4.19% suggests a potential positive deviation from the consensus estimate. - Price Impact Rating: bearish - Impact Horizon Rating: short-term - Type: Earnings