Werner Enterprises Inc

WERN

Equity

ISIN US9507551086 / Valor 985014

NASDAQ (2024-12-24)

USD 36.08+0.73%

Werner Enterprises Inc
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About company

Werner Enterprises Inc is a transportation and logistics company that operates in a constantly moving industry. The company's Werner Drive SM framework enables them to consistently provide value and exceed expectations for all stakeholders. Werner Drive is supported by pillars such as durability, results, innovation, values, and ESG. With a focus on delivering value through these key areas, Werner Enterprises Inc is able to maintain a strong presence in the transportation and logistics sector.

Summarized from source with an LLMView SourceSector: Consumer Services

Total Revenues

Werner Enterprises Inc. reported total revenues of $760.8 million for the second quarter of 2024, marking a 6% decrease compared to the same quarter in 2023. This decline was primarily driven by a $33.1 million reduction in Truckload Transportation Services revenues and a $15.6 million decrease in Logistics revenues.

Operating Income

Operating income for Werner Enterprises Inc. in Q2 2024 was $19.6 million, a significant 58% drop from the previous year's second quarter. On a non-GAAP basis, adjusted operating income also fell by 58% to $21.3 million.

Net Income

Net income attributable to Werner Enterprises Inc. for the second quarter of 2024 was $9.5 million, representing a 68% decrease year-over-year. Adjusted net income on a non-GAAP basis also saw a 68% decline, amounting to $10.7 million.

Earnings Per Share

Werner Enterprises Inc. reported diluted earnings per share (EPS) of $0.15 for Q2 2024, down 68% from the same period in 2023. On a non-GAAP basis, adjusted diluted EPS was $0.17, reflecting a 67% decrease year-over-year.

Segment Performance

The Truckload Transportation Services segment of Werner Enterprises Inc. saw revenues decrease by $33.1 million to $537.1 million in Q2 2024. Operating income for this segment dropped by $24.2 million, while the Logistics segment experienced a $3.8 million decline in operating income, ending the quarter with $0.5 million.

Summarized from source with an LLMView Source

Key figures

-15.6%1Y

-21.9%3Y

-0.28%5Y

Performance

25.8%1Y

26.8%3Y

29.0%5Y

Volatility