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Here's Why Investors Should Avoid C.H. Robinson (CHRW) Stock Now
CHRWC.H. Robinson(CHRW) Zacks Investment Research·2024-04-10 13:31

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% ...