Werner Enterprises (WERN)
NASDAQ:WERN
Want to see WERN full AI Analyst Report?
Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.21Last Year’s EPS
0.11Same Quarter Last Year
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call presented a constructive picture: meaningful top-line growth (revenues +14%), strong TTS performance (+18% revenue) and substantial early wins from the FirstFleet acquisition (high customer retention, realized synergies) alongside sharp safety improvements and materially stronger cash flow. Offsetting items include still-pressed consolidated margins (adjusted margin 1.5%), temporary Logistics margin compression, higher debt from the acquisition, and inflation/driver availability headwinds. Management provided concrete operational progress (restructuring benefits, technology/AI rollout, cost savings) and reiterated guidance for fleet growth and improving pricing through bid season, supporting a positive outlook as market fundamentals tighten.Company Guidance
Revenue Growth
Total Q1 revenues of $809 million, up 14% year-over-year, driven by strength in Truckload Transportation Services (TTS) and Dedicated expansion.
Truckload Transportation Services (TTS) Performance
TTS revenue $594 million, up 18% YoY (net of fuel $516 million, up 16% YoY); TTS adjusted operating income $14.8 million and adjusted operating margin net of fuel improved 250 basis points to 2.9%.
FirstFleet Acquisition Integration
FirstFleet integration ahead of schedule: 98% customer renewal across two-thirds of addressed portfolio, realized >$1 million in savings to date, implemented actions representing >$5 million of 2026 $6 million target, and confident in $18 million total cost synergies by mid next year; expect ~300 basis point improvement in FirstFleet operating margin.
Dedicated Fleet Expansion and Pricing Momentum
Dedicated end-of-period tractors up 46% YoY (Dedicated average trucks +32% YoY); Dedicated represented 78% of TTS trucks at quarter end; Dedicated revenue per truck per week +0.8% YoY (legacy +1.8%; pro forma ~3%), with a robust pipeline and improved selectivity.
One-Way Truckload Profitability Improvements
Following One-Way restructuring, miles per truck improved ~6% YoY, revenue per total mile +3.6% YoY, and One-Way revenue per truck per week +9.6% YoY; empty miles decreased 40 basis points YoY and 60 basis points sequentially.
Logistics Momentum in Intermodal and Final Mile
Logistics revenue of $196 million (24% of total); Intermodal revenue +18% driven by 22% increase in load volume; Final Mile revenue +8% YoY; truckload logistics revenue per load +5% despite lower shipments.
Safety and Cost Discipline
DOT preventable accident rate per million miles down 45% YoY; total operating expenses (excl. gains, insurance, fuel, purchase transportation) down 5% YoY; ~ $150 million of cost removed over 3 years; truckload brokerage operating expenses down >25% over two years following EDGE platform implementation.
Strong Cash Generation and Liquidity
Operating cash flow $89 million, up >200% YoY and >40% sequentially; first quarter free cash flow $87 million (10.8% of revenues); cash $62 million and total liquidity $513 million; covenant defined pro forma net leverage ~2x including pro forma synergies.
Updated Guidance and Fleet Growth
Reaffirming full-year average truck fleet guidance up 23%-28%; updating dedicated revenue-per-truck guidance to flat to +3% (from -1% to +2%); Q2 One-Way revenue per total mile guide +1% to +4%; full-year net CapEx guidance $185M–$225M.
WERN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WERN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $34.40 | $36.39 | +5.78% |
Feb 05, 2026 | $37.71 | $34.61 | -8.21% |
Oct 30, 2025 | $25.16 | $25.97 | +3.19% |
Jul 28, 2025 | $28.21 | $27.42 | -2.80% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Werner Enterprises (WERN) report earnings?
Werner Enterprises (WERN) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Werner Enterprises (WERN) earnings time?
Werner Enterprises (WERN) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WERN EPS forecast?
WERN EPS forecast for the fiscal quarter 2026 (Q2) is 0.21.