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C.H. Robinson Shares Rise After Quarterly Results
RTTNews· 2026-01-29 07:38
Core Viewpoint - C.H. Robinson Worldwide Inc. (CHRW) shares experienced an increase in after-hours trading despite a decline in revenue compared to the previous year, indicating market optimism about the company's future prospects [1]. Group 1: Quarterly Performance - For the fourth quarter, the company reported a net income of $136.3 million, down from $149.3 million during the same period last year [1]. - Revenue for the quarter decreased by 6.5 percent year over year, totaling $3.91 billion [2]. - The company reported adjusted net income of $149.2 million in the fourth quarter, compared to approximately $146.7 million a year earlier, with adjusted EPS rising to $1.23 from roughly $1.21 [2]. Group 2: Full-Year Performance - For the full year, adjusted net income increased to $618.2 million, up from approximately $547.5 million last year [3]. - Adjusted EPS climbed to $5.09 from about $4.51 in the previous year [3]. - The CEO highlighted ongoing transformation efforts and the potential for further growth as the company deepens its Lean mindset and scales custom-built AI agents [3].