U.S. Markets open in 34 mins

Werner: 4Q Earnings Snapshot

OMAHA, Neb. (AP) _ Werner Enterprises Inc. (WERN) on Wednesday reported fourth-quarter earnings of $54.6 million.

On a per-share basis, the Omaha, Nebraska-based company said it had profit of 77 cents. Earnings, adjusted for non-recurring gains, came to 75 cents per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.

The transportation company posted revenue of $646.4 million in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $650.3 million.

For the year, the company reported profit of $168.1 million, or $2.33 per share. Revenue was reported as $2.46 billion.

Werner shares have climbed 12 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $33.20, a decline of 13 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