C.H. Robinson (CHRW) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Viewpoint - C.H. Robinson Worldwide (CHRW) reported a slight year-over-year revenue increase of 1.4% for the quarter ended June 2024, with a notable EPS surprise of +21.05% compared to analyst expectations [1][2]. Revenue Performance - Total Revenue for NAST was $2.99 billion, which is -2.9% lower than the average estimate of $3.09 billion [3]. - Total Revenue for All Other and Corporate was $572.22 million, slightly below the average estimate of $578.55 million, reflecting a +1.7% year-over-year change [4]. - Total Revenue for Global Forwarding reached $921.22 million, exceeding the average estimate of $808.96 million, marking an +18.1% year-over-year increase [5]. Adjusted Gross Profit - Adjusted Gross Profit for NAST was $419.66 million, surpassing the average estimate of $410.09 million [6]. - Adjusted Gross Profit for All Other and Corporate was $83.69 million, below the average estimate of $90.27 million [7]. - Adjusted Gross Profit for Global Forwarding was $184.07 million, exceeding the average estimate of $175.13 million [8]. Operational Income - Income from operations for Global Forwarding was $40.98 million, lower than the average estimate of $49.69 million [11]. - Income from operations for All Other and Corporate showed a loss of -$3.99 million, which was better than the average estimate of -$16.36 million [11]. Stock Performance - C.H. Robinson shares have returned +3.7% over the past month, outperforming the Zacks S&P 500 composite, which saw a -0.4% change [12].