Werner Enterprises Reports Third Quarter 2020 Results
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Werner Enterprises (WERN) Tops Q3 EPS by 3c, Revenues Miss
October 28, 2020 4:09 PM EDTWerner Enterprises (NASDAQ: WERN) reported Q3 EPS of $0.69, $0.03 better than the analyst estimate of $0.66. Revenue for the quarter came in at $590.2 million versus the consensus estimate of $602.96 million.
Third Quarter 2020 Highlights (all metrics compared to third quarter 2019 unless otherwise noted)
Total revenues of $590.2 million, down 5% year over year (YoY), up 4% sequentiallyOperating income of $62.1 million, up 16% YoY, up 18% sequentially; non-GAAP adjusted operating income of $64.3 million, up 19% YoY, up 11% sequentiallyOperating margin of 10.5%, up 190 basis points... More