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Werner: 1Q Earnings Snapshot

OMAHA, Neb. (AP) _ Werner Enterprises Inc. (WERN) on Thursday reported first-quarter net income of $27.8 million.

The Omaha, Nebraska-based company said it had profit of 38 cents per share.

The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.

The transportation company posted revenue of $562.7 million in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $554.4 million.

Werner shares have declined roughly 3 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $37.55, a climb of 52 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WERN at https://www.zacks.com/ap/WERN