Werner Enterprises' (WERN) CEO Derek Leathers on Q3 2020 Results - Earnings Call Transcript

SA Transcripts
153.96K Followers

Q3: 2020-10-28 Earnings Summary

EPS of $0.69 beats by $0.02
 | Revenue of $590.21M (-4.54% Y/Y) misses by $12.02M

Werner Enterprises, Inc. (NASDAQ:WERN) Q3 2020 Earnings Conference Call October 28, 2020 5:00 PM ET

Company Participants

Derek Leathers – President and Chief Executive Officer
John Steele – Chief Financial Officer

Conference Call Participants

Bascome Majors – Susquehanna
Jordan Alliger – Goldman Sachs
Ravi Shanker – Morgan Stanley
David Ross – Stifel
Brian Ossenbeck – JP Morgan
Ken Hoexter – Bank of America Merrill Lynch
Tom Wadewitz – UBS
Chris Wetherbee – Citigroup
Allison Landry – Credit Suisse

Operator

Good afternoon, and welcome to the Werner Enterprises Third 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. [Operator Instructions] Please note this event is being recorded.

Earlier this afternoon, the company issued an earnings release for its third quarter 2020 results and posted a slide presentation. These materials are available in the Investors section of the Company's website at werner.com. 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 on Page 6 of 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 the results using non-GAAP measures, which it believes provide additional information for investors to help facilitate for 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.

I would now like to turn the conference over to Mr. Derek Leathers, President and CEO. Please go

Recommended For You

About WERN Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on WERN