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Stock impact report

Werner Enterprises Buyout Of FirstFleet Tests Valuation And Earnings Outlook [Yahoo! Finance]

Werner Enterprises, Inc. (WERN) 
Last werner enterprises, inc. earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.werner.com
Company Research Source: Yahoo! Finance
Werner Enterprises, NasdaqGS:WERN, has agreed to acquire dedicated carrier FirstFleet in a deal that expands its U.S. trucking and logistics footprint. The transaction makes Werner the fifth largest dedicated carrier in North America and adds exposure to grocery and packaging customers. The acquisition is expected to be immediately accretive to earnings and to create cost and network synergies across the combined fleet and facilities. Werner Enterprises is trading at $34.25, with the share price up 2.6% over the past week and 11.9% over the past month. Over longer periods the stock has been weaker, with a 0.2% decline over the past year and a 25.9% decline over three years. This acquisition therefore comes at a time when many holders may be watching for clearer catalysts. For you as an investor, the key questions now are how effectively Werner integrates FirstFleet and how quickly the expected earnings accretion and synergies appear in reported results. The expanded dedicated Show less Read more
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