1 Except for the historical information contained herein, the matters set forth in this presentation and the accompanying earnings release are forward-looking statements that represent our expectations, beliefs, intentions or strategies concerning future events. These forwardlooking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from our historical experience or our present expectations, including, but not limited to factors such as changes in ...

C.H. Robinson Worldwide (CHRW) reported $4.41 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 4.3%. EPS of $0.86 for the same period compares to $0.98 a year ago.The reported revenue represents a surprise of +4.83% over the Zacks Consensus Estimate of $4.21 billion. With the consensus EPS estimate being $0.60, the EPS surprise was +43.33%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

C.H. Robinson Worldwide (CHRW) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 43.33%. A quarter ago, it was expected that this trucking company would post earnings of $0.80 per share when it actually produced earnings of $0.50, delivering a surprise of -37.50%.Over the last four quar ...

First quarter Robinson Fresh adjusted gross profits increased 8.3% to $33.7 million due to a 1.5% increase in case volume and integrated supply chain solutions for retail customers. Managed Services adjusted gross profits decreased 0.1%. Other Surface Transportation adjusted gross profits decreased 14.6% to $17.9 million, primarily due to a 16.9% decrease in Europe truckload adjusted gross profits. The first quarter effective tax rate was 15.8%, up from 13.5% last year. The higher rate in the first quarter ...

C.H. Robinson Worldwide (CHRW) is scheduled to report first-quarter 2024 results on May 1, after market close.C.H. Robinson lagged the Zacks Consensus Estimate in two of the preceding four quarters, the average miss being 9.51%. CHRW has outpaced the Zacks Consensus Estimate in one of the remaining quarters and met the mark in another quarter.Let’s see how things have shaped up for C.H. Robinson this earnings season.Q1 ExpectationsThe Zacks Consensus Estimate for C.H. Robinson’s first-quarter 2024 revenues ...

C.H. Robinson Worldwide’s (CHRW) top line suffers from lower pricing in ocean and truckload services amid ongoing challenges in a soft freight market. Increased competition, driven by weak demand, high inventories and excess capacity, further affects transportation rates.Let’s delve deeper.Southward Earnings Estimate Revision: The Zacks Consensus Estimate for current-quarter earnings has been revised 4.71% downward over the past 60 days. For the current year, the consensus mark for earnings has moved 0.89% ...

C.H. Robinson (CHRW) is currently grappling with a host of intricate challenges, a scenario that we believe has significantly diminished its attractiveness as an investment opportunity.Let’s delve deeper.Southward Earnings Estimate Revision: The Zacks Consensus Estimate for current-quarter earnings has been revised 22.6% downward over the past 60 days. For the current year, the consensus mark for earnings has moved 13.4% south in the same time frame. The unfavorable estimate revisions indicate brokers’ lack ...

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW), a leading global logistics provider, today announced that the Board of Directors, upon recommendation of the Governance Committee, has nominated new directors, Michael McGarry and Paige Robbins, to stand for election to the Board at the company’s 2024 annual meeting of stockholders. The company also announced that Scott Anderson and James Stake have each decided not to stand for re-election to the Board of ...

It has been about a month since the last earnings report for C.H. Robinson Worldwide (CHRW) . Shares have added about 0.8% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is C.H. Robinson due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. C.H. Robinson Q4 Earnings Lag E ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Commission File Number: 000-23189 Registrant's telephone number, including area code: 952-937-8500 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒ Indicate by check mark whether the registrant (1) has filed all reports re ...