Stifel Downgrades Werner Enterprises (WERN) to Hold

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Werner Enterprises Reports Fourth Quarter and Annual 2023 Results

February 6, 2024 4:05 PM EST

Fourth Quarter 2023 Highlights (all metrics compared to fourth quarter 2022)

Total revenues of $821.9 million, down 5% Operating income of $37.9 million, down 57%; non-GAAP adjusted operating income of $39.2 million, down 56% Operating margin of 4.6%, down 570 basis points; non-GAAP adjusted operating margin of 4.8%, down 560 basis points Diluted EPS of $0.37, down 61%; non-GAAP adjusted diluted EPS of $0.39, down 61%

2023 Highlights (all metrics compared to 2022)

Total revenues of $3.28 billion, relatively flat Operating income of $176.4 million, down 45%; non-GAAP adjusted operating income of $189.7 million, down 43% Operating margin of 5.4%, down 440 basis points; non-GAAP adjusted... More

Werner Enterprises to Participate in Three Investment Conferences

February 5, 2024 5:22 PM EST

OMAHA, Neb.--(BUSINESS WIRE)-- Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, announced participation in the following investment conferences.

Stifel 2024 Transportation and Logistics Conference: Tuesday, February 13, 2024, in Miami, Florida, including investor meetings. Fireside chat presentation from 4:40 p.m. to 5:10 p.m. ET. Speakers: Derek J. Leathers, Chairman and Chief Executive Officer, Christopher D. Wikoff, Executive Vice President, Treasurer and Chief Financial Officer, and Chris C. Neil, Senior Vice President of Pricing and Strategic Planning.

Citis 2024 Global Industrial Tech and Mobility Conference: Wednesday, February 21, 2024, in Miami, Florida,... More