Overview
Transportation and logistics firm's Q4 revenue and adjusted EPS missed analyst expectations
Company reported a Q4 operating loss of $35.8 mln, down from $13.4 mln income last year
Strategic restructuring in One-Way Truckload business resulted in a $44.2 mln charge
Outlook
Werner expects TTS average truck count to grow 23% to 28% in 2026
Company forecasts net capital expenditures of $185 mln to $225 mln in 2026
Werner anticipates effective income tax rate of 25.5% to 26.5% in 2026
Result Drivers
DEDICATED REVENUE GROWTH - Supported by increased fleet size and customer retention, according to CEO Derek Leathers
ONE-WAY TRUCKLOAD RESTRUCTURING - Strategic realignment led to a $44.2 mln charge, aimed at enhancing long-term profitability
LOGISTICS SEGMENT MIXED RESULTS - Margin compression in Truckload Brokerage offset by gains in Intermodal and Final Mile
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Miss | $737.64 mln | $762.03 mln (13 Analysts) |
Q4 Adjusted EPS | Miss | $0.05 | $0.11 (16 Analysts) |
Q4 EPS | -$0.46 | ||
Q4 Adjusted Net Income | Miss | $3.26 mln | $6.15 mln (8 Analysts) |
Q4 Adjusted Operating Income | $11.32 mln | ||
Q4 Adjusted Operating Margin | 1.50% |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 11 "hold" and 3 "sell" or "strong sell"
The average consensus recommendation for the ground freight & logistics peer group is "buy."
Wall Street's median 12-month price target for Werner Enterprises Inc is $33.00, about 12.8% below its February 4 closing price of $37.83
The stock recently traded at 46 times the next 12-month earnings vs. a P/E of 33 three months ago
Press Release: ID:nBw6NK2dZa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)