Overview

* Werner EnterprisesQ2 2025 revenue fell 1% but beat analyst expectations, per LSEG data

* Adjusted EPS of $0.11 beat analyst estimates despite a 36% decline

* Operating income surged 238% due to strategic cost management and legal rulings

Outlook

* Company expects TTS truck count to grow 1% to 4% in 2025

* Werner forecasts net capital expenditures of $145M to $185M for 2025

* Company anticipates Dedicated RPTPW growth of 0% to 3% in 2025

* Werner expects effective income tax rate of 25% to 26% for 2025

Result Drivers

* DEDICATED FLEETS - Strength in Dedicated continued as new fleets were implemented, per CEO Derek Leathers

* LOGISTICS GROWTH - Logistics posted year-over-year revenue growth and margin expansion through disciplined cost management and increased volumes

* FUEL SURCHARGE IMPACT - TTS revenue decline partly due to $14.8 mln lower fuel surcharge revenues

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $753.15 $733.90

Revenue mln mln (13

Analysts

)

Q2 Beat $0.11 $0.05

Adjusted (16

EPS Analysts

)

Q2 EPS $0.72

Q2 Beat $6.60 $3.64

Adjusted mln mln (10

Net Analysts

Income )

Q2 $16.56

Adjusted mln

Operatin

g Income

Q2 2.2%

Adjusted

Operatin

g Margin

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 8 "hold" and 5 "sell" or "strong sell"

* The average consensus recommendation for the ground freight & logistics peer group is "buy."

* Wall Street's median 12-month price target for Werner Enterprises Inc ( WERN ) is $27.00, about 6% below its July 28 closing price of $28.61

* The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)