Latest news with #WernerEnterprises
Yahoo
19 hours ago
- Business
- Yahoo
Earnings Preview: Werner Enterprises (WERN) Q2 Earnings Expected to Decline
Wall Street expects a year-over-year decline in earnings on lower revenues when Werner Enterprises (WERN) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 29. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This transportation company is expected to post quarterly earnings of $0.05 per share in its upcoming report, which represents a year-over-year change of -70.6%. Revenues are expected to be $736.75 million, down 3.2% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 17.83% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for Werner? For Werner, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +45.71%. On the other hand, the stock currently carries a Zacks Rank of #4. So, this combination makes it difficult to conclusively predict that Werner will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Werner would post earnings of $0.12 per share when it actually produced a loss of -$0.12, delivering a surprise of -200.00%. The company has not been able to beat consensus EPS estimates in any of the last four quarters. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Werner doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Werner Enterprises, Inc. (WERN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 days ago
- Automotive
- Yahoo
Werner loses again on issue of deaf driver, but dollar amounts are a lot lower
Werner Enterprises has lost on appeal in a case that at one point saw it facing a $36 million penalty for not hiring a deaf driver–later reduced by a federal court–who had gone through a company training program. The financial stakes in the case brought by the Equal Employment Opportunity Commission under the provisions of the Americans with Disabilities Act are now about $335,000, a far cry from a jury's decision in 2023 to award deaf truck driver Victor Robinson about 107 times that figure. The unanimous decision last week from an Eighth Circuit Court of Appeals three-judge panel fully affirmed all the September 2023 decisions from both a jury trial in the U.S. District Court for Nebraska and later decisions handed down from the bench over post-trial motions. The affirmation includes a reduction in the original punitive damages awarded by the jury. That reduction came after the court ruled that EEOC awards are capped at $300,000. The EEOC was the plaintiff in the case on behalf of Victor defendants along with Werner (NASDAQ: WERN) included Drivers Management LLC, which is Werner's training subsidiary. Werner made several points on appeal, all of which were rejected by the appellate court. A recap of the case in the recent appellate court decision noted that Robinson had a 'medical variance' from the Federal Motor Carrier Safety Administration (FMCSA). That waiver is needed for a deaf driver to obtain a CDL. It was obtained in 2015. With the variance in hand, Robinson enrolled in Roadmaster, the driving school owned by Werner. His training involved not just a regular trainer but also an interpreter for the deaf, 'who communicated with Robinson from the backseat of the vehicle throughout the process,' according to the court's recap of the case's history. In September 2016, Robinson completed the training and received his CDL. But soon after, according to the recap of the case by the appellate court, Werner Vice President of Safety and Compliance Jamie Hamm told him on a call, 'I'm sorry, we can't hire you because of your deafness.' The call took place, according to the court, after Robinson had been told he had been preapproved for employment by recruiter Erin Marsh in an email. After calling Marsh–using a relay service for the phone call–the two talked about, according to the court, ''the job, the orientation, providing interpreting services,' and other general matters.' The district court's decision in January 2024 to award back pay to Robinson of about $35,000 lists several driving jobs Robinson had after not being hired at Werner, none of which lasted very long; only one, with Stan Koch Trucking, reached 12 months. Other jobs on his record included with J.B. Hunt (NASDAQ: JBHT) and U.S. Xpress, now part of Knight Swift (NYSE: KNX). The roughly $335,000 award is a combination of the punitive damages, capped at $300,000, and the backpay. In a May 2024 series of decisions on post-trial motions in the case, the district court summed up the basis for the jury's decision against Werner. 'The jury determined that Robinson was qualified to perform the job to which he applied, he could have safely performed the essential functions of the job with a reasonable accommodation, and Werner's refusal to hire Robinson was not based on business necessity,' District Court Judge John Gerrard wrote. There were multiple issues raised by Werner in its appeal over events in the trial. They included the question of 'causation' and whether Robinson's dismissal was because of his deafness; whether Robinson's overall driving record (which included several accidents) could be introduced to the jury; Werner objections to the admission of emails sent between Werner executives on the decision-making to deny Robinson employment; whether hiring a deaf driver would provide 'undue hardship' for Werner; and whether the FMCSA waiver meant Werner could not deny Robinson employment on the basis of his deafness. Ultimately, the appellate court did not side with Werner on any of the points made in its appeal. An email to Werner seeking comment had not been responded to by publication time. More articles by John Kingston At a conference of mostly green investors, AlFleet pushes marriage of AI and trucking Another broker liability case knocks at Supreme Court door, this one involving C.H. Robinson XPO rating cut by S&P, agency cites continuing weak freight market The post Werner loses again on issue of deaf driver, but dollar amounts are a lot lower appeared first on FreightWaves.
Business Wire
08-07-2025
- Business
- Business Wire
Werner ® Named a 2025 Green Supply Chain Partner by Inbound Logistics for 13 th Straight Year
OMAHA, Neb.--(BUSINESS WIRE)-- Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, has once again been named a Green Supply Chain Partner by Inbound Logistics, marking the 13th consecutive year the company has earned this recognition. The annual list highlights 75 companies demonstrating a deep and ongoing commitment to sustainability in global supply chains. 'Being named a Green Supply Chain Partner for the 13th year in a row is an honor that reflects the hard work and vision of our entire team,' said Werner's Senior Vice President of One-Way Network and Innovation Council Leader, Chad Dittberner. 'At Werner, sustainability isn't just a goal; it's embedded in how we operate every day. From investing in innovative fleet technologies to setting ambitious emissions targets, we're driving meaningful progress and helping build a greener future for our industry.' Werner's commitment to reducing CO₂ emissions by 55% by 2035 is supported by a broad portfolio of initiatives focused on alternative fuels and advanced technologies. Across its operations, the company uses renewable natural gas, biodiesel blends and renewable diesel—lowering carbon impact today while building a foundation for a more sustainable future. In addition, Werner has deployed a range of innovative fleet technologies, including compressed natural gas engines, Class 8 battery electric vehicles, a hydrogen fuel cell truck and aerodynamic enhancements across its trailers. The company also actively participates in the EPA's SmartWay Transport Partnership and works exclusively with SmartWay-certified carriers to drive greater environmental efficiency across its network. These efforts reflect Werner's belief that environmental responsibility, operational excellence and long-term value creation are closely connected. Making strategic investments reducing emissions and increasing efficiency also contributes to healthier communities and a more sustainable industry. To view the full list of Inbound Logistics 2025 Green Supply Chain Partners, click here. To learn more about Werner's sustainability efforts, visit its 2024 Corporate Sustainability Report. About Werner Enterprises Werner Enterprises, Inc. delivers superior truckload transportation and logistics services to customers across the United States, Mexico and Canada. With 2024 revenues of $3.0 billion, an industry-leading modern truck and trailer fleet, nearly 13,000 talented associates and our innovative Werner EDGE ® technology, we are an essential solutions provider for customers who value the integrity of their supply chain and require safe and exceptional on-time service. Werner ® provides Dedicated and One-Way Truckload services as well as Logistics services that include truckload brokerage, freight management, intermodal and final mile. Werner embraces inclusion as a core value and manages key risks and opportunities through a balanced sustainability strategy.
Yahoo
01-07-2025
- Automotive
- Yahoo
Texas Supreme Court reverses nuclear verdict involving Werner crash
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. The Texas Supreme Court ruled in favor of Werner Enterprises for a case involving a fatal crash that was poised to put tremendous liability on the carrier, according to a June 27 opinion. The ruling reverses a state appeals court decision that held the carrier and its driver liable for over $100 million in damages. The Texas Supreme Court described the crash as a tragic accident on an icy interstate. The court dismissed the lawsuit, which involved a F-350 pickup truck crossing a 42-foot median and crashing into a tractor-trailer, killing a 7-year-old boy and injuring other family members. Due to the crash, the boy's sister became quadriplegic. The ruling from Texas' highest court rebuts lower courts that sided with the family in a monumental reversal, following the 2014 crash. While the financial stakes were high, President and Chief Legal Officer Nathan Meisgeier noted the continuing somberness of the fatal crash. 'We have not and will not lose sight of the tragic loss the Blake family suffered because of this accident. Our continued thoughts and prayers are with the Blake family,' Meisgeier said in a news release. The court took a somber reflection of the tragedy, too, but also cast the case differently than lower courts, suggesting the driver "is not liable if his involvement was a mere 'happenstance of place and time.'" While noting the tragedy, the carrier also noted Werner's insurance policies had a maximum liability of $10 million. Insurance largely covered the entire verdict award, the company previously noted, but the Texas Supreme Court ruling means Werner is reversing $45.7 million in liability, including interest, for Q2 2025. 'The Company will also reverse a $79.2 million receivable from its third-party insurance providers and corresponding claims liability for the same amount on its consolidated balance sheet,' according to a securities filing from Werner. The outcome comes at a time where rising costs from inflation have also hit insurance premiums. Carriers from J.B. Hunt Transport Services to Landstar System have noted rising insurance and claims costs in recent quarterly earnings filings. Meisgeier said the recent verdict was a long-awaited win. 'After seven years navigating the appellate process, we are thankful the Texas Supreme Court reached the same conclusion as law enforcement — that the Werner drivers and our company did nothing wrong,' he said. Recommended Reading Texas Supreme Court to hear Werner appeal of $100M-plus judgment Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-06-2025
- Business
- Yahoo
Texas Supreme Court Reverses $90 Million Judgment Against Werner Enterprises
OMAHA, Neb., June 27, 2025--(BUSINESS WIRE)--Werner Enterprises, Inc. ("Werner") (Nasdaq: WERN), a premier transportation and logistics provider, today announced the Texas Supreme Court has ruled in Werner's favor in reversing and dismissing the landmark $90 million truck accident verdict from 2018. The case centered on a tragic 2014 accident in Texas, where a vehicle traveling in the opposite direction on a divided interstate highway lost control, crossed a median and struck a Werner tractor-trailer. Plaintiffs alleged Werner and its driver were at fault, despite the fact that Werner's driver was traveling well below the posted speed limit, remained in his lane of traffic for the entirety of the incident and was braking before impact, but without sufficient time to avoid collision. The company has asserted from the beginning that the accident was non-preventable and that its driver acted appropriately. Werner appealed the original 2018 verdict and, after more than seven years of appeals, the Texas Supreme Court has now reversed the decision and fully dismissed the lawsuit. The Texas Supreme Court ruled that Werner and its driver were "a mere happenstance of place and time," and that "the sole proximate cause of this accident and these injuries (the sole substantial factor to which the law permits assignment of liability) was the sudden, unexpected hurtling of the victims' vehicle into oncoming highway traffic, for which Werner and its driver bore no responsibility." "This is a long-awaited win for Werner," said Werner's President and Chief Legal Officer, Nathan Meisgeier. "After seven years navigating the appellate process, we are thankful the Texas Supreme Court reached the same conclusion as law enforcement – that the Werner drivers and our company did nothing wrong. A different outcome would have had far-reaching implications beyond the transportation industry." Meisgeier emphasized, "We have not and will not lose sight of the tragic loss the Blake family suffered because of this accident. Our continued thoughts and prayers are with the Blake family." About Werner Enterprises Werner Enterprises, Inc. delivers superior truckload transportation and logistics services to customers across the United States, Mexico and Canada. With 2024 revenues of $3.0 billion, an industry-leading modern truck and trailer fleet, nearly 13,000 talented associates and our innovative Werner EDGE® technology, we are an essential solutions provider for customers who value the integrity of their supply chain and require safe and exceptional on-time service. Werner® provides Dedicated and One-Way Truckload services as well as Logistics services that include truckload brokerage, freight management, intermodal and final mile. Werner embraces inclusion as a core value and manages key risks and opportunities through a balanced sustainability strategy. View source version on Contacts Jill Samuelson, Associate Vice President – Marketing and CommunicationsWerner Enterprises, Inc.(D) 402.819.5319press@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
