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Werner: 1Q Earnings Snapshot

OMAHA, Neb. (AP) _ Werner Enterprises Inc. (WERN) on Thursday reported first-quarter profit of $36.1 million.

The Omaha, Nebraska-based company said it had net income of 51 cents per share. Earnings, adjusted for non-recurring costs, came to 52 cents per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.

The transportation company posted revenue of $596.1 million in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $622.8 million.

Werner shares have climbed 18 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $34.81, increasing slightly 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