Werner: Q2 Earnings Snapshot

OMAHA, Neb. (AP) _ Werner Enterprises Inc. (WERN) on Wednesday reported second-quarter profit of $72.3 million.

On a per-share basis, the Omaha, Nebraska-based company said it had net income of $1.12. Earnings, adjusted for non-recurring gains, came to 87 cents per share.

The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.

The transportation company posted revenue of $836.3 million in the period, exceeding Street forecasts. Seven analysts surveyed by Zacks expected $784.2 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WERN at https://www.zacks.com/ap/WERN


Source: Nebraska Regional News

Leave a Reply

Your email address will not be published.