WERN News and Press, Werner Enterprises Inc. From 06/02/23

2023-06-02 07:07:52 ET Bank of America's proprietary bi-weekly Truckload Demand Indicator for shippers' freight demand outlook for three months out decreased 4% sequentially to 42.6 from 44.3 last survey. The reading was down 27% year-over-year and is the 5th lowest level on record for the ...

2023-05-23 17:14:55 ET Gainers: Reata Pharmaceuticals ( RETA ) +10% . Urban Outfitters ( URBN ) +7% . COMPASS Pathways   ( CMPS ) +6% . Stitch Fix ( SFIX ) +5% . TScan Therapeutics ( TCRX ) +4% . Losers: PTC The...

2023-05-17 07:53:02 ET Credit Suisse told clients it has “become increasingly cautious on the trucking cycle as low rates persist,” leading its analysts to downgrade of multiple names. “We advocate trimming exposure; we lower our EPS estimates across the board and d...

2023-05-11 16:27:44 ET Werner ( NASDAQ: WERN ) declares $0.14/share quarterly dividend , 7.7% increase from prior dividend of $0.13. Forward yield 1.25% Payable July 19; for shareholders of record July 3; ex-div June 30. See WERN Dividend Scorecard, Yield...

2023-05-10 20:14:28 ET Summary Yellow Corporation stays sluggish with its hammered revenues and margins. Its financial positioning is quite bothersome for a capital-intensive company. Near-term market prospects are mixed, given the potential recession and decreasing inflation....

2023-05-03 23:17:08 ET Werner Enterprises, Inc. (WERN) Q1 2023 Earnings Conference Call May 03, 2023 05:00 PM ET Company Participants Chris Neil - Senior Vice President, Pricing & Strategic Planning Derek Leathers - Chairman President & Chief Executive Office...

2023-05-03 17:15:24 ET Werner press release ( NASDAQ: WERN ): Q1 Non-GAAP EPS of $0.60 misses by $0.11 . Revenue of $832.71M (+11.5% Y/Y) misses by $24.38M . For further details see: Werner Non-GAAP EPS of $0.60 misses by $0.11, revenue of $832.71M misses...

First Quarter 2023 Highlights (all metrics compared to first quarter 2022) Total revenues of $832.7 million, up 9% Operating income of $53.4 million, down 36%; non-GAAP adjusted operating income of $57.5 million, down 33% Operating margin of 6.4%, down 450 basis points; non-GA...

Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, proudly announces its designation as a VETS Indexes 4 Star Employer in the 2023 VETS Indexes Employer Awards for the third consecutive year. The award recognizes Werner’s commitment to recruiting, hiring,...

Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is pleased to announce its first two Freightliner eCascadia battery electric vehicles, (BEVs), are officially transporting freight in Southern California. These trucks have zero tailpipe emissions and significan...