First look: Werner’s Q4 misses mark

Werner Enterprises reported a cost-burdened fourth quarter that came in light of estimates even after adjusting for nonrecurring items. Werner (NASDAQ: WERN) reported a fourth-quarter headline net loss of 27.8million,or46centspershare,onThursdayafterthemarketclosed.However,thenumberincluded27.8 million, or 46 cents per share, on Thursday after the market closed. However, the number included 44.2 million in restructuring and impairment charges, the bulk of which were noncash items. Excluding those charges and other one-off items, adjusted net income was $3.3 million, or 5 cents per share. ...

First look: Werner’s Q4 misses mark - Reportify