Werner Enterprises Q1 Profit Declines - Quick Facts

Posted on Wednesday, April 16, 2008 4:37 PM

(RTTNews) - Werner Enterprises Inc. (WERN)posted first quarter net income of $8.38 million, compared to $15.67 million in the same quarter of last year. Earnings per share decreased 43% to $0.12 per share in first quarter 2008 compared to $0.21 in first quarter 2007. Revenues increased 2% to $512.8 million in first quarter 2008 compared to $503.9 million in first quarter 2007. Revenues, excluding trucking fuel surcharges, declined 6% to $417.0 million in first quarter 2008 compared to $443.5 million in first quarter 2007. Analysts polled by First Call/Thomson Financial expected the company to report earnings of $0.14 per share on revenues of $505.64 million for the quarter. For comments and feedback: contact editorial@rttnews.com