Werner Enterprises, Inc. (WERN) CEO Derek Leathers on Q2 2020 Results - Earnings Call Transcript

Werner Enterprises, Inc. (NASDAQ:WERN) Q2 2020 Results Conference Call July 29, 2020 5:00 PM ET

Company Participants

Derek Leathers - President & Chief Executive Officer
John Steele - Executive Vice President, Treasurer & Chief Financial Officer

Conference Call Participants

Ben Hartford - Baird
Brandon Oglenski - Barclays
Todd Fowler - KeyBanc Capital Markets
Amit Mehrotra - Deutsche Bank
Scott Group - Wolfe Research
Kenneth Hoexter - Bank of America Merrill Lynch
Thomas Wadewitz - UBS Investment Bank
Jack Atkins - Stephens Inc.
Christian Wetherbee - Citigroup

Operator

Good afternoon and welcome to the Werner Enterprises Second Quarter 2020 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions.

Earlier this afternoon the company issued an earnings release for it's second quarter 2020 results and posted a slide presentation to accompany today's discussion. These materials are available in the Investors section of the Company's website at werner.com by clicking on Investors, then News and Events, and then Webcasts and Presentations. Today's webcast is being recorded, and will be available for replay beginning later this evening.

Before we begin, please direct your attention to the disclosure statement on Slide 2 of the presentation, as well as the disclaimers included in the earnings release related to forward-looking statements. Today's remarks contain forward-looking statements, including those related to COVID-19 that may involve risks, uncertainties and other factors that could cause actual results to differ materially. Additionally, the Company reports results using non-GAAP measures, which it believes provide additional information for investors to help facilitate the comparison of past and present performance. A reconciliation to the most directly comparable GAAP measures is included in the tables attached to the earnings release and in the appendix of the slide presentation.

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