Werner Enterprises issued preliminary, unaudited estimates for the third quarter ended 30 September. It expects revenue of $946–951 million and diluted earnings per share of $0.10–0.11 under GAAP, or $0.15–0.16 on an adjusted basis.
The company said results faced about $0.18 per share in cumulative cost headwinds versus the second quarter, including higher fuel, driver recruitment and retention spending, and a late-quarter reserve adjustment for past insurance claims. Final results were scheduled for 27 October.
Madinah Buses revised schedules across 16 routes to reduce waits; services connect neighborhoods with the high-speed rail station, the Prophet’s Mosque and the airport.
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