01.05.2024 23:28:03 - dpa-AFX: C.H. Robinson Worldwide Inc. Q1 Profit Decreases, but beats estimates

EDEN PRAIRIE (dpa-AFX) - C.H. Robinson Worldwide Inc. (CHRW) released
earnings for first quarter that decreased from the same period last year but
beat the Street estimates.

The company's earnings totaled $92.9 million, or $0.78 per share. This compares with $114.8 million, or $0.96 per share, in last year's first quarter.

Excluding items, C.H. Robinson Worldwide Inc. reported adjusted earnings of
$102.7 million or $0.86 per share for the period.

Analysts on average had expected the company to earn $0.62 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 4.3% to $4.4 billion from $4.6
billion last year.

C.H. Robinson Worldwide Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $92.9 Mln. vs. $114.8 Mln. last year.
-EPS (Q1): $0.78 vs. $0.96 last year.
-Revenue (Q1): $4.4 Bln vs. $4.6 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
C.H. ROB. WORLDWIDE NEW A0HGF5 Frankfurt 77,000 23.05.24 08:23:56 +1,500 +1,99% 77,500 79,000 77,000 75,500

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