Werner Enterprises shares rise 9.6% after boosted full-year outlook and narrowed Q1 loss
Updated
Updated · MarketWatch · Apr 28
Werner Enterprises shares rise 9.6% after boosted full-year outlook and narrowed Q1 loss
9 articles · Updated · MarketWatch · Apr 28
Shares climbed to $37.71 in post-close trading after Werner reported a Q1 loss of $4.3 million, down from $10.1 million last year.
Adjusted earnings reached 2 cents per share, beating analyst expectations of a 6-cent loss, while revenue rose to $808.6 million.
The company raised its dedicated revenue and truckload segment growth forecasts, reaffirming capital expenditure and truck count outlooks, with shares now up 15% year-to-date.
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