Earnings Watch: Werner Enterprises, Heartland Express Report Higher Profits
July 23, 2018 • by Evan Lockridge
Werner and Heartland, two major truckload carriers, reported second quarter earnings that showed increased profit and revenue compared to the same time a year ago.
Werner Enterprises Inc. net income totaled $38.3 million, or 53 cents per share, up from $23.2 million, or 32 cents per share, in the second quarter of 2017.
Total revenue moved higher to $619.1 million from $519.5 million as operating income improved to $50.8 million from $36.9 million.
According to the Nebraska-based company, second quarter 2018 freight demand in its truckload feet was much stronger than normal.
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