Company Performance - Werner Enterprises reported a quarterly loss of 0.14 per share a year ago, indicating an earnings surprise of -200% [1] - The company posted revenues of 769.08 million year-over-year [2] - Over the last four quarters, Werner has not surpassed consensus EPS or revenue estimates [2] Stock Outlook - Werner shares have declined approximately 21.9% since the beginning of the year, compared to a -6% decline in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is 779.05 million, and for the current fiscal year, it is 3.13 billion [7] Industry Context - The Transportation - Truck industry, to which Werner belongs, is currently in the bottom 5% of over 250 Zacks industries, indicating a challenging environment [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Werner's stock performance [5][6]
Werner Enterprises (WERN) Reports Q1 Loss, Misses Revenue Estimates