Werner Enterprises, Inc. (WERN) CEO Derek Leathers on Q2 2022 Results - Earnings Call Transcript

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Q2: 2022-08-03 Earnings Summary

EPS of $0.87 misses by $0.16
 | Revenue of $836.28M (28.69% Y/Y) beats by $44.55M

Start Time: 17:00 January 1, 0000 6:03 PM ET

Werner Enterprises, Inc. (NASDAQ:WERN)
Q2 2022 Earnings Conference Call
August 03, 2022, 17:00 PM ET

Company Participants

Derek Leathers - Chairman, President and CEO
John Steele - EVP, Treasurer and CFO

Conference Call Participants

Jack Atkins - Stephens
Christian Wetherbee - Citigroup
Scott Group - Wolfe Research
Ravi Shanker - Morgan Stanley
Jeff Kauffman - Vertical Research Partners
Ken Hoexter - Bank of America
Ari Rosa - Credit Suisse
Jason Seidl - Cowen
Michael Triano - UBS

Operator

Good afternoon, and welcome to the Werner Enterprises Second Quarter 2022 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.

I would now like to turn the conference over to John Steele, Werner's CFO. Please go ahead.

John Steele

Earlier this afternoon, we issued our earnings release with our second quarter results. The release, along with the slide presentation, are available in the Investors section of our Web site 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 in our earnings release related to forward-looking statements. Today's remarks contain forward-looking statements 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 we believe provides 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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