Werner Enterprises Shares Fall 7.1% After Preliminary Third-Quarter Results Miss
Werner Enterprises said preliminary third-quarter results were below Wall Street expectations, citing higher fuel and driver hiring and retention costs. Shares fell 7.1% to $30.34 on Monday.
Werner Enterprises shares declined after the company reported preliminary third-quarter results that were below Wall Street expectations. It cited higher costs associated with fuel prices and hiring and retaining drivers. The shares fell 7.1% to $30.34 on Monday. They are up 1.1% year to date.