Werner beats in Q1, expects spot-market carriers to fail

A white Werner tractor with a white trailer on the highway

Werner Enterprises maintained its 2022 outlook on a call with analysts Tuesday after the market closed. Management from the company noted that freight demand for its one-way truckload fleet was strong to start the quarter but “moderated in March from strong to very good.”

Werner (NASDAQ: WERN) reported first-quarter adjusted earnings per share of 96 cents, 9 cents ahead of the consensus estimate and 28 cents higher than the year-ago mark. The result excluded one-offs including an...

https://www.freightwaves.com/news/werner-enterprises-earnings-q1-2022

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