How often does Werner Enterprises move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

WERNNasdaqTrucking (No Local)

Werner Enterprises Inc (WERN) earnings date, market-implied expected move, and options open interest by expiry

27.71

+0.07 · +0.27%

post 27.71 0.00%

Closed16:00 ET

Open27.82Volume1.3MMkt cap$1.7BEPS-0.76Div yield2.02%

Day27.52 – 27.9049%52-wk22.69 – 47.3020%

WERN

Werner Enterprises Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Feb 4

after close · in 95 days

est.Q4 FY26

Calendar

Next report

Last report

−7.66%

vs ±8.4% implied · ×0.91

shaded = implied · ▲▼ = realized

Oct 27 '26 · confirmed

Implied vs realized

Largest filed tie

11.00%

of WERN revenue · Dollar General

customerWERN 10-K

Supply chain

Largest filed tie

13F top-10 QoQ

+2.96%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

268 managers

Top fund weight

0.08%

WERN weight · IWM

N-PORTJun 30 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Werner Enterprises (WERN) is expected to report on Feb 4 after close (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±9.9%
avg realized: ±6.1%

Apr 29 '25Apr 29 '25confirmed±9.1%▼−10.85%×1.20

Jul 29 '25Jul 29 '25confirmed±11.9%▼−0.76%×0.06

Q3 FY25Oct 30 '25confirmed±11.2%▲+3.19%×0.29

Feb 5 '26Feb 5 '26confirmed±7.8%▼−8.21%×1.06

Q1 FY26Apr 28 '26confirmed±11.7%▲+5.79%×0.49

Q2 FY26Jul 28 '26confirmed±8.9%▼−4.33%×0.49

Oct 19 '26Oct 19 '26confirmed±10.3%▼−7.89%×0.76

Oct 27 '26Oct 27 '26confirmed±8.4%▼−7.66%×0.91

quarterimplied−15%0+15%realized×

Oct '26±8.4%▼−7.66%×0.91

Oct '26±10.3%▼−7.89%×0.76

Q2 FY26±8.9%▼−4.33%×0.49

Q1 FY26±11.7%▲+5.79%×0.49

Feb '26±7.8%▼−8.21%×1.06

Q3 FY25±11.2%▲+3.19%×0.29

2 older reports

Jul '25±11.9%▼−0.76%×0.06

Apr '25±9.1%▼−10.85%×1.20

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 30 close

1.95OI · 3 expiries · Oct 30 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

1,180−5%Nov 2019d17.6167+219%17.61

1,060+1%Dec 1847d5.581900%5.58

report · Feb 4 · after close · est.

74+208%Mar 19138d380%

ExpiryPutsCallsP/C

Nov 2019d1,180−5%67+219%17.61

Dec 1847d1,060+1%1900%5.58

report · Feb 4 · after close · est.

Mar 19138d74+208%380%1.95

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ2 FY26

0.57%as filednet margin · revenue +15.50% QoQ · +24.00% YoY

Revenue

$934M+15.50% QoQ

Gross profit

$503M+12.67% QoQ

53.87% margin

Operating income

$17M+323.55% QoQ

1.81% margin

Pre-tax income

$7M+223.49% QoQ

Net income

$5M+219.59% QoQ

0.57% margin

Cost of revenue

$431M+18.99% QoQ

Operating expenses

$486M+9.86% QoQ

Other operating $362M

Depreciation $79M

Marketing $41M

Other operating $4M

Other expense

$10M

Tax

$2M+235.25% QoQ

Revenue$934M+15.50%

Gross profit

$503M+12.67%

53.87% margin

Operating income

$17M+323.55%

1.81% margin

Pre-tax income

$7M+223.49%

Net income

$5M+219.59%

0.57% margin

Cost of revenue

$431M+18.99%

Operating expenses

$486M+9.86%

Other operating $362M

Depreciation $79M

Marketing $41M

Other expense

$10M

Tax$2M+235.25%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

FOMC ×1.64· ±2.6% vs ±1.6% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±2.6%9 of 24×1.64

CPIconsumer prices±2.4%7 of 11×1.49

NFPjobs report±2.1%6 of 10×1.30

PCEpersonal income & outlays±1.9%14 of 20×1.17

GDPgross domestic product±1.6%10 of 20×1.02

PPIproducer prices±1.5%5 of 11×0.93

CPROFcorporate profits±1.1%6 of 12×0.70

Bar = avg |move| to ±3% · tick = ±1.6% avg day · ×base = |move| ÷ ±1.6% · min 6 releases

Earnings history

EPS 0.11 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jul 28 '26 · confirmed	0.11	—
Q1 FY26	Apr 28 '26 · confirmed	-0.07	—
Q3 FY25	Oct 30 '25 · confirmed	-0.34	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod