OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Werner Enterprises Inc. (WERN) on Tuesday reported third-quarter net income of $6.6 million.
On a per-share basis, the Omaha, Nebraska-based company said it had profit of 11 cents. Earnings, adjusted for one-time gains and costs, were 15 cents per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share.
The transportation company posted revenue of $745.7 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $787.5 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WERN at https://www.zacks.com/ap/WERN