Core Viewpoint - C.H. Robinson Worldwide, Inc. reported mixed fourth-quarter 2025 results, with earnings exceeding estimates but revenues falling short, indicating potential challenges ahead for the company [3][4]. Financial Performance - Quarterly earnings per share (EPS) were $1.23, surpassing the Zacks Consensus Estimate of $1.12, and reflecting a year-over-year improvement of 1.65% [4]. - Total revenues amounted to $3.91 billion, missing the Zacks Consensus Estimate of $3.95 billion, and decreased by 6.5% year over year due to the divestiture of the Europe Surface Transportation business and lower pricing and volume in ocean and truckload services [4]. - Adjusted gross profits fell 4% year over year to $657.0 million, impacted by lower profits per transaction in ocean services and the aforementioned divestiture [5]. Segment Performance - North American Surface Transportation revenues were $2.81 billion, up 0.3% year over year, driven by higher truckload service volumes, although offset by a shorter average haul [7]. - Global Forwarding revenues decreased by 17.3% year over year to $730.98 million, primarily due to lower pricing and volume in ocean services [8]. - Adjusted gross profits for the Transportation unit were $623.22 million, down 4.5% from the previous year, with declines in truckload, ocean, and air services [9]. Operating Expenses and Cash Flow - Operating expenses decreased by 5% year over year to $475.7 million, with personnel expenses falling by 4.9% to $337.0 million due to cost optimization and the divestiture [6]. - Cash generated from operations in Q4 2025 was $305.4 million, an increase from $267.9 million in the prior year, attributed to improved working capital [11]. Balance Sheet and Capital Expenditures - At the end of Q4, cash and cash equivalents were $160.87 million, up from $136.83 million in the previous quarter, while long-term debt decreased to $1.09 billion from $1.18 billion [10]. - Capital expenditures for Q4 were $15.7 million, with expectations for 2026 set between $75 million and $85 million [12]. Market Outlook - C.H. Robinson holds a Zacks Rank 3 (Hold), indicating an expectation of an in-line return from the stock in the coming months [15]. - The company has a strong Growth Score of A but lags in Momentum with a B, and a D score in value, placing it in the bottom 40% for value investors [14].