Werner Q2 Revenue Rises To $836 Million On Strong Freight Demand Strong freight rates helped carrier Werner Enterprises achieve its eighth consecutive quarter of record quarterly earnings per share and contributed to a 29% jump in total revenue to $836 million. Werner (NASDAQ: WERN ) reported second quarter adjusted earnings per share of 87 cents, a 1% increase over the same period in 2021. Second-quarter revenue beat consensus Wall Street expectations of $792 million but missed on the earnings-per-share estimate of $1.02. Derek Leathers, chairman, president and CEO, said Werner''s second-quarter earnings were affected by recent insurance and claims expenses. Last week, Werner paid a $150 million voluntary settlement for an accident lawsuit in Texas. In 2020, a Werner truck hit a car parked in the travel lane on a highway near Sulfur Springs, Texas, killing two children. "If you normalize our second quarter insurance and claims expense of $41 million to our last eight-quarter average of $25 million, adjusted earnings per share in the second quarter was negatively impacted by 19 cents a share," Leathers said on a call with analysts Wednesday after the market closed. "The majority of the increase is related to recent unexpected and unfortunate legal developments for two prior-year accidents that have been settled." Werner is also appealing a $90 million verdict against the company stemming from a lawsuit filed after a 2014 accident in Odessa, Texas, in which a 7-year-old died.