Werner Enterprises (NASDAQ:WERN – Get Free Report) announced its quarterly earnings results on Tuesday. The transportation company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.03), Briefing.com reports. Werner Enterprises had a net margin of 1.99% and a return on equity of 4.65%. The company had revenue of $760.80 million for the quarter, compared to analyst estimates of $769.81 million. During the same quarter last year, the business earned $0.52 EPS. The company’s revenue for the quarter was down 6.2% on a year-over-year basis.
Werner Enterprises Stock Performance
Werner Enterprises stock opened at $39.19 on Thursday. The stock has a 50-day simple moving average of $36.58 and a 200 day simple moving average of $37.79. The company has a quick ratio of 1.85, a current ratio of 1.90 and a debt-to-equity ratio of 0.39. Werner Enterprises has a 12-month low of $33.12 and a 12-month high of $47.17. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of 29.92, a P/E/G ratio of 3.90 and a beta of 0.80.
Werner Enterprises Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 17th. Investors of record on Monday, July 1st were issued a $0.14 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.43%. Werner Enterprises’s dividend payout ratio is 42.75%.
Wall Street Analyst Weigh In
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About Werner Enterprises
Werner Enterprises, Inc, together with its subsidiaries, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, and internationally. The company operates through two segments, Truckload Transportation Services and Werner Logistics.
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