Werner Enterprises Q4 Adj EPS $0.39 Misses $0.43 Estimate, Sales $821.95M Beat $820.37M Estimate
Portfolio Pulse from mahesh@benzinga.com
Werner Enterprises reported Q4 adjusted EPS of $0.39, missing the consensus estimate of $0.43, a 60.61% decrease from last year. Sales were $821.95M, slightly above the $820.37M estimate, but down 4.59% from the previous year.
February 06, 2024 | 9:24 pm
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NEGATIVE IMPACT
Werner Enterprises reported a significant decrease in earnings and a slight decrease in sales compared to last year, missing EPS estimates but beating sales forecasts.
Missing the EPS estimate by 9.3% and reporting a significant year-over-year decrease in earnings are likely to negatively impact investor sentiment towards WERN in the short term. Although the sales figure slightly exceeded expectations, the overall negative earnings report and year-over-year sales decrease are more impactful factors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100