For the quarter ended March 2024, Werner Enterprises (WERN) reported income of $769.08 million, down 7.6% over the identical interval final yr. EPS got here in at $0.14, in comparison with $0.60 within the year-ago quarter.
The reported income represents a shock of -3.27% over the Zacks Consensus Estimate of $795.06 million. With the consensus EPS estimate being $0.28, the EPS shock was -50.00%.
Whereas traders intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders undertaking a inventory’s worth efficiency extra precisely.
Right here is how Werner carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Truckload Transportation Companies – Working Ratio: 96.2% versus 94.3% estimated by three analysts on common.
- Working Ratio: 98% versus 95.7% estimated by three analysts on common.
- Revenues- Werner Logistics: $202.48 million versus the three-analyst common estimate of $232.48 million. The reported quantity represents a year-over-year change of -11.5%.
- Revenues- Truckload Transportation Companies- Trucking gasoline surcharge revenues: $72.98 million versus $76.38 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -17.4% change.
- Revenues- Truckload Transportation Companies- Non-trucking and different: $8.26 million versus $7.33 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +21.8% change.
- Revenues- Different: $18.95 million in comparison with the $17.31 million common estimate primarily based on three analysts. The reported quantity represents a change of -7.6% yr over yr.
- Revenues- Truckload Transportation Companies: $551.13 million versus the three-analyst common estimate of $546.72 million. The reported quantity represents a year-over-year change of -6.3%.
- Revenues- Truckload Transportation Companies- Trucking revenues, internet of gasoline surcharge: $469.88 million versus the three-analyst common estimate of $463 million. The reported quantity represents a year-over-year change of -4.7%.
View all Key Company Metrics for Werner here>>>
Shares of Werner have returned -10% over the previous month versus the Zacks S&P 500 composite’s -2.5% change. The inventory at present has a Zacks Rank #5 (Sturdy Promote), indicating that it may underperform the broader market within the close to time period.
Zacks Names “Single Finest Decide to Double”
From 1000’s of shares, 5 Zacks specialists every have chosen their favourite to skyrocket +100% or extra in months to come back. From these 5, Director of Analysis Sheraz Mian hand-picks one to have probably the most explosive upside of all.
It’s an American AI firm that’s driving low proper now, however it has rounded up purchasers like BMW, GE, Dell Laptop, and Bosch. It has prospects for not simply doubling however quadrupling within the yr to come back. After all, all our picks aren’t winners however this one may far surpass earlier Zacks’ Shares Set to Double like Boston Beer Firm which shot up +143.0% in little greater than 9 months and NVIDIA which boomed +175.9% in a single yr.
Free: See Our Top Stock And 4 Runners Up
Werner Enterprises, Inc. (WERN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
