Werner Enterprises(US:WERN)2021-10-29 17:50Financial Highlights - Revenues increased by 19% to $703 million in 3Q21[12] - GAAP EPS increased by 41% to $0.94 in 3Q21[12] - Adjusted EPS increased by 14% to $0.79 in 3Q21[12] - Adjusted operating income increased by 15% to $73.9 million in 3Q21[12] - Adjusted TTS operating margin increased by 150 bps to 14.0% in 3Q21[12] Truckload Transportation Services (TTS) - TTS revenues increased by 15% to $527.7 million in 3Q21[26] - TTS adjusted operating income increased by 0% to $65.4 million in 3Q21[26] - TTS adjusted operating margin decreased by 150 bps to 14.0% in 3Q21[26] - Dedicated Truckload revenues increased from $244 million in 3Q20 to $271 million in 3Q21[30] - One-Way Truckload revenues increased from $173 million in 3Q20 to $190 million in 3Q21[30] Werner Logistics - Werner Logistics revenues increased by 35% to $158.0 million in 3Q21[32] - Logistics operating income increased by $8.5 million to $7.6 million in 3Q21[32] - Logistics operating margin increased by 550 bps to 4.8% in 3Q21[32] Capital Allocation - Capital Allocation History 2018-2020 was $1.4 billion[38] - Buybacks were $171 million[39] - Dividends were $334 million[39] - Reinvestment in 5 Ts + S was $899 million[39]