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Earnings Call Summary | Werner Enterprises(WERN.US) Q1 2024 Earnings Conference

Earnings Call Summary | Werner Enterprises(WERN.US) Q1 2024 Earnings Conference

業績電話會議摘要 | Werner Enterprises (WERN.US) 2024 年第一季度業績會議
富途資訊 ·  05/01 17:59  · 電話會議

The following is a summary of the Werner Enterprises, Inc. (WERN) Q1 2024 Earnings Call Transcript:

以下是維爾納企業公司(WERN)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Werner Enterprises reported a drop in revenue to $769 million in Q1 2024, an 8% decrease compared to the prior year.

  • Adjusted earnings per share (EPS) was $0.14, reflecting a dip of $0.46.

  • An adjusted operating income of $18.6 million was reported, showing a reduction of 68%.

  • Truckload Transportation Services (TTS) reported a 6% dip with revenues of $551 million.

  • However, TTS revenue per truck per week had a growth of 2.8% even with a 7% decrease in fleet size.

  • Logistics sector reported an 11% drop in revenues to $26 million.

  • Despite tough market conditions, a rise of 9% year-over-year in the free cash flow is seen due to reduced capital expenditure.

  • 沃納企業報告稱,2024年第一季度的收入下降至7.69億美元,與去年同期相比下降了8%。

  • 調整後的每股收益(EPS)爲0.14美元,跌幅爲0.46美元。

  • 調整後的營業收入爲1,860萬美元,下降了68%。

  • 卡車運輸服務(TTS)報告下降了6%,收入爲5.51億美元。

  • 但是,即使車隊規模減少了7%,每週每輛卡車的TTS收入仍增長了2.8%。

  • 物流業報告收入下降11%,至2600萬美元。

  • 儘管市場條件艱難,但由於資本支出減少,自由現金流同比增長9%。

Business Progress:

業務進展:

  • Werner focused on driving growth in core business, achieving operational excellence and improving capital efficiency as part of its 2024 goals.

  • Technological and cost-saving investments are being fast-tracked alongside a disciplined capital allocation approach.

  • Implementation of the EDGE TMS platform is being done to enhance customer experiences and drive growth while reducing costs.

  • A plan for dealing with imminent environmental regulations and leveraging advantages in major markets is in place.

  • The company anticipates continued growth for revenue per truck per week on TTS, albeit at a moderate pace.

  • Efforts are being made to address market oversupply problems and the company plans to remain asset-focused during this operating cycle.

  • 作爲其2024年目標的一部分,Werner專注於推動核心業務的增長,實現卓越的運營和提高資本效率。

  • 在採取嚴格的資本配置方法的同時,正在加快技術和成本節約型投資。

  • 正在實施EDGE TMS平台,以增強客戶體驗和推動增長,同時降低成本。

  • 已經制定了應對迫在眉睫的環境法規和利用主要市場優勢的計劃。

  • 該公司預計,儘管增速適中,但TTS每週每輛卡車的收入將繼續增長。

  • 正在努力解決市場供過於求的問題,該公司計劃在此運營週期內保持以資產爲中心。

More details: Werner Enterprises IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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