OMAHA, Neb. (AP) _ Werner Enterprises Inc. (WERN) on Thursday reported third-quarter earnings of $47.5 million.
The Omaha, Nebraska-based company said it had profit of 66 cents per share.
The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share.
The transportation company posted revenue of $629.7 million in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $626.4 million.
Werner shares have declined 16 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $32.38, a drop of 8.5 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