Earnings Call Summary | Werner Enterprises(WERN.US) Q1 2024 Earnings Conference
Earnings Call Summary | Werner Enterprises(WERN.US) Q1 2024 Earnings Conference
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
更多詳情: 維爾納企業投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。