Werner Enterprises Reports First Quarter 2020 Results
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Werner Enterprises (WERN) Tops Q1 EPS by 5c, Revenues Beat
April 28, 2020 4:09 PM EDTWerner Enterprises (NASDAQ: WERN) reported Q1 EPS of $0.40, $0.05 better than the analyst estimate of $0.35. Revenue for the quarter came in at $592.7 million versus the consensus estimate of $576.87 million.
First Quarter 2020 Highlights (all metrics compared to first quarter 2019 unless otherwise noted)
Total revenues of $592.7 million, down 1%Operating income of $31.1 million, down 35%; non-GAAP adjusted operating income of $37.3 million, down 24%Operating margin of 5.2%, down 290 basis points (bps); non-GAAP adjusted operating margin of 6.3%, down 190 bpsDiluted EPS of $0.33, down 35%; non-GAAP adjusted diluted EPS of $0.40, down 24%Our lives were profoundly impacted beginning... More
