Werner Enterprises' (NASDAQ: WERN) top line is grappling with a freight market downturn, hurting the company's prospects. Elevated operating expenses are challenging the company's financial stability. Escalated labor and fuel costs are hurting WERN's bottom line, making it an unattractive choice for investors' portfolios.
Let's delve deeper.
WERN: Risks to Watch
Southward Earnings Estimate Revision:The Zacks Consensus Estimate for current-quarter earnings has been revised 33.3% downward in the past 60 days. For the current year, the consensus mark for earnings has moved 26% south in the same time frame. The unfavorable estimate revisions indicate brokers' lack of confidence in the stock.
Weak Zacks Rank: Werner Enterprises currently carries a Zacks Rank #5 (Strong Sell).
Unimpressive Price Performance: WERN shares have declined 7% in the past year against the industry's 0.2% rise.
Image Source: Zacks Investment Research
Bearish Industry Rank: The industry to which Werner Enterprises belongs currently has a Zacks ...
