Werner reports Q2 revenue of $650M, up 14% year-over-year

Werner Enterprises posted second-quarter adjusted earnings of 86 cents per share after the close, in line with consensus estimates and 20 cents better than the year-ago quarter.

Total revenue increased 14% year-over-year to $649.8 million for the quarter, boosted by Werner’s logistics unit, which increased 29% to $141.6 million.

Derek J. Leathers, Werner’s chairman, president and CEO, credited the strong quarter to a strong freight market and economy buoyed by consumer retail spending.



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