C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Q4 2023 Earnings Call Transcript January 31, 2024 5:00 PM ET Company Participants Chuck Ives - Director of IR Dave Bozeman - President and CEO Arun Rajan - COO Mike Zechmeister - CFO Conference Call Participants Brian Ossenbeck - JPMorgan Jack Atkins - Stephens, Inc. Jon Chapelle - Evercore ISI Chris Wetherbee - Citi Stephanie Moore - Jefferies Jeff Kauffman - Vertical Research Partners Bruce Chan - Stifel David Vernon - Bernstein Operator Good afternoon, ladies a ...

C.H. Robinson Worldwide (CHRW) reported $4.22 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 16.7%. EPS of $0.50 for the same period compares to $1.03 a year ago.The reported revenue represents a surprise of -2.99% over the Zacks Consensus Estimate of $4.35 billion. With the consensus EPS estimate being $0.80, the EPS surprise was -37.50%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...

| --- | --- | --- | --- | --- | --- | |-------|-------------------------------|-------|-------|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | Dave Bozeman, President & CEO Arun Rajan, Chief Operating Officer Mike Zechmeister, Chief Financial Officer Chuck Ives, Director of Investor Relations | | | Q4 2023 Earnings Presentation | | | | | | | ...

C.H. Robinson Worldwide (CHRW) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $1.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -37.50%. A quarter ago, it was expected that this trucking company would post earnings of $0.82 per share when it actually produced earnings of $0.84, delivering a surprise of 2.44%.Over the last four quart ...

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW), a leading global provider of logistics solutions, services and technology, today announced that Michael Castagnetto has been promoted to President of North American Surface Transportation (“NAST”), effective immediately. Michael succeeds Mac Pinkerton, who is transitioning from his current role at C.H. Robinson. “Michael is a strong and strategic leader, and we are confident he will ensure that NAST cont ...

In its upcoming report, C.H. Robinson Worldwide (CHRW) is predicted by Wall Street analysts to post quarterly earnings of $0.80 per share, reflecting a decline of 22.3% compared to the same period last year. Revenues are forecasted to be $4.35 billion, representing a year-over-year decrease of 14.1%.The consensus EPS estimate for the quarter has undergone a downward revision of 2.7% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed ...

Indeed, 2024 has effectively ushered in a topsy-turvy period for global supply chains. Major Panama and Suez Canal disruptions and escalating geopolitical tensions reshape decades-old trade routes. In particular, retailers are feeling the heat of these major upheavals, especially with the continuing attacks in the Red Sea. Those impact Suez Canal accessibility, a critical route for East Coast U.S. and European markets. Amidst these challenges, businesses are forced to adapt. This leads to a growing focus on ...

C.H. Robinson Worldwide (CHRW) is scheduled to report fourth-quarter 2023 results on Jan 31, after market close.C.H. Robinson has underperformed the Zacks Consensus Estimate in two of the preceding four quarters, met once and beat in the remaining occasion, the average miss being 6.06%.Let’s see how things have shaped up for C.H. Robinson this earnings season.Q4 ExpectationsThe Zacks Consensus Estimate for C.H. Robinson’s fourth-quarter 2023 revenues is pegged at $4.37 billion, indicating a 13.7% decline fr ...

C.H. Robinson Worldwide (CHRW) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released o ...

See accompanying notes to the condensed consolidated financial statements. Table of Contents The condensed consolidated financial statements, which are unaudited, have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). In our opinion, these financial statements include all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation of the financial statements for the interim periods presented. Interim results are not nec ...