Werner Enterprises(US:WERN) ZACKS·2026-02-06 02:30Core Viewpoint - Werner Enterprises reported a decline in revenue and earnings per share (EPS) for the quarter ended December 2025, indicating potential challenges in its operational performance and market expectations [1]. Financial Performance - Revenue for the quarter was $737.64 million, down 2.3% year-over-year, and below the Zacks Consensus Estimate of $770.01 million, resulting in a surprise of -4.2% [1]. - EPS was reported at $0.05, a decrease from $0.08 in the same quarter last year, reflecting a significant EPS surprise of -45.18% against the consensus estimate of $0.09 [1]. Key Metrics - The operating ratio was reported at 104.9%, significantly higher than the estimated 97.3% by analysts [4]. - Truckload Transportation Services had an operating ratio of 106.4%, compared to the average estimate of 97.1% [4]. - Average trucks in service for Dedicated services were 4,954, exceeding the estimate of 4,851 [4]. - The average percentage of empty miles for One-Way Truckload was 16.2%, slightly above the estimate of 15.7% [4]. - Year-over-year revenue change for One-Way Truckload per total mile was -0.1%, contrasting with the estimated increase of 1.4% [4]. Revenue Breakdown - Werner Logistics generated revenues of $207.54 million, below the average estimate of $232.35 million, marking a -2.6% year-over-year change [4]. - Truckload Transportation Services reported trucking fuel surcharge revenues of $57.4 million, slightly below the estimate of $57.65 million, with a year-over-year change of -0.3% [4]. - Total revenues for Truckload Transportation Services were $512.64 million, compared to the average estimate of $520.65 million, reflecting a -2.8% year-over-year decline [4]. - Non-trucking and other revenues in Truckload Transportation Services were $7.77 million, significantly lower than the estimate of $9.8 million, representing a -29.5% year-over-year change [4]. - Net trucking revenues, excluding fuel surcharge, were $447.47 million, below the estimate of $453.19 million, indicating a -2.5% year-over-year change [4]. - Dedicated trucking revenues net of fuel surcharge were $291.62 million, slightly below the estimate of $296.88 million, showing a +1% year-over-year increase [4]. - One-Way Truckload trucking revenues net of fuel surcharge were $155.85 million, slightly above the estimate of $154.76 million, but represented an -8.3% year-over-year decline [4]. Stock Performance - Over the past month, shares of Werner have returned +17.3%, outperforming the Zacks S&P 500 composite's +0.5% change [3]. - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3].