Werner Enterprises reports Q3 results and guides higher Q4 one‑way revenue per mile while cutting 2026 capex
Werner Enterprises posted third‑quarter adjusted earnings of $0.16 per share, in line with its profit warning but below consensus estimates. Revenue rose 23% year‑over‑year to $951 million, driven by fuel surcharges and the FirstFleet acquisition. The company said elevated diesel prices and driver recruitment costs will continue to pressure earnings into the first quarter, but it expects a modest sequential EPS improvement in Q4 and a 10%‑13% rise in one‑way revenue per total mile. Werner also lowered its 2026 net capital‑expenditure outlook to $190 million‑$205 million.
Why it matters
The guidance signals that near‑term profitability may remain constrained by cost pressures, which could keep earnings below analyst consensus. The reduced capex range may free cash flow and support future growth initiatives, according to the company's own outlook.
Key facts
- 1Adjusted earnings per share for Q3 were $0.16. finance.yahoo.com
- 2Consolidated revenue for Q3 was $951 million, a 23% year‑over‑year increase. finance.yahoo.com
- 3Cost headwinds from higher diesel prices and driver recruitment are expected to linger into Q1. finance.yahoo.com
- 4The company guided a modest sequential EPS improvement for Q4. finance.yahoo.com
- 5Q4 one‑way revenue per total mile is projected to rise 10% to 13%. seekingalpha.com
- 62026 net capital expenditures are now expected to be $190 million to $205 million. seekingalpha.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.