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 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. ...