Werner Enterprises (WERN) Tops Q3 EPS by 3c, Revenues Miss

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Go back to Werner Enterprises (WERN) Tops Q3 EPS by 3c, Revenues Miss

Werner Enterprises Reports Third Quarter 2020 Results

October 28, 2020 4:05 PM EDT

Third Quarter 2020 Highlights (all metrics compared to third quarter 2019 unless otherwise noted)

Total revenues of $590.2 million, down 5% year over year (YoY), up 4% sequentiallyOperating income of $62.1 million, up 16% YoY, up 18% sequentially; non-GAAP adjusted operating income of $64.3 million, up 19% YoY, up 11% sequentiallyOperating margin of 10.5%, up 190 basis points (bps) YoY, up 120 bps sequentially; non-GAAP adjusted operating margin of 10.9%, up 210 bps YoY, up 80 bps sequentiallyRecord diluted EPS of $0.67, up 19% YoY, up 18% sequentially; non-GAAP adjusted diluted EPS of $0.69, up 21% YoY,... More