02.11.2023 00:40:02 - dpa-AFX: C.H. Robinson Worldwide Inc. Reveals Retreat In Q3 Bottom Line, misses estimates

EDEN PRAIRIE (dpa-AFX) - C.H. Robinson Worldwide Inc. (CHRW) revealed a
profit for third quarter that decreased from the same period last year and
missed the Street estimates.

The company's bottom line came in at $81.95 million, or $0.68 per share. This
compares with $255.80 million, or $1.78 per share, in last year's third quarter.

Analysts on average had expected the company to earn $0.82 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 27.8% to $4.34 billion from $6.01
billion last year.

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

-Earnings (Q3): $81.95 Mln. vs. $255.80 Mln. last year.
-EPS (Q3): $0.68 vs. $1.78 last year.
-Analyst Estimates: $0.82
-Revenue (Q3): $4.34 Bln vs. $6.01 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 76,000 13.05.24 08:10:02 +1,000 +1,33% 76,000 78,000 76,000 75,000

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