Werner Enterprises, one of North America’s largest truck load (TL) carriers, pre-announced its second quarter results earlier this week – and they are spectacularly bad.
The company is now guiding to Q2 earnings at around 21-25c per share – including a US$3.4m boost from a real estate gain – against previous consensus of 40c. A near 50% miss is never anything other than noteworthy.
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