The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Werner Enterprises met expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue was unchanged and GAAP earnings per share contracted.
Margins dropped across the board.
Werner Enterprises reported revenue of $509.7 million. The 18 analysts polled by S&P Capital IQ expected to see revenue of $509.8 million on the same basis. GAAP reported sales were 0.3% higher than the prior-year quarter's $507.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.35. The 24 earnings estimates compiled by S&P Capital IQ predicted $0.35 per share. GAAP EPS of $0.35 for Q4 were 13% lower than the prior-year quarter's $0.40 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 24.3%, 60 basis points worse than the prior-year quarter. Operating margin was 7.5%, 130 basis points worse than the prior-year quarter. Net margin was 5.1%, 70 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $504.6 million. On the bottom line, the average EPS estimate is $0.29.
Next year's average estimate for revenue is $2.10 billion. The average EPS estimate is $1.53.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 53 members out of 77 rating the stock outperform, and 24 members rating it underperform. Among 24 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 16 give Werner Enterprises a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Werner Enterprises is outperform, with an average price target of $25.11.
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