Werner Enterprises Full Year 2024 Earnings: EPS Misses Expectations

Werner Enterprises (NASDAQ:WERN) Full Year 2024 Results

Key Financial Results

• Revenue: US$3.03b (down 7.7% from FY 2023).
• Net income: US$34.2m (down 70% from FY 2023).
• Profit margin: 1.1% (down from 3.4% in FY 2023).
• EPS: US$0.55 (down from US$1.77 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Werner Enterprises EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.3%.

The primary driver behind last 12 months revenue was the Truckload Transportation Services segment contributing a total revenue of US$2.14b (71% of total revenue). Notably, cost of sales worth US$2.42b amounted to 80% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to US$290.4m (50% of total expenses). Explore how WERN's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Transportation industry in the US.

Performance of the American Transportation industry.

The company's shares are down 3.4% from a week ago.

Risk Analysis

Be aware that Werner Enterprises is showing 4 warning signs in our investment analysis and 2 of those are potentially serious...

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