Werner: Q3 Earnings Snapshot
OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Werner Enterprises Inc. (WERN) on Thursday reported a loss of $20.6 million in its third quarter.
The Omaha, Nebraska-based company said it had a loss of 34 cents per share. Losses, adjusted for one-time gains and costs, were 3 cents per share.
The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.
The transportation company posted revenue of $771.5 million in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $768.1 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WERN at https://www.zacks.com/ap/WERN