Shares of C.H. Robinson Worldwide CHRW decreased in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share increased 124.56% year over year to $1.28, which beat the estimate of $0.98.
Revenue of $4,804,000,000 up by 26.25% year over year, which beat the estimate of $4,390,000,000.
Outlook
C.H. Robinson Worldwide hasn't issued any earnings guidance for the time being.
C.H. Robinson Worldwide hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Apr 27, 2021
Time: 05:00 PM
Recent Stock Performance
52-week high: $106.75
Company's 52-week low was at $68.46
Price action over last quarter: Up 6.53%
Company Description
C.H. Robinson is a top-tier non-asset-based third-party logistics provider with a significant focus on domestic freight brokerage (63% of 2020 net revenue), which reflects mostly truck brokerage but also rail intermodal. Additionally, the firm also operates a large air and ocean forwarding division (24%), which has grown organically and via acquisition, and a legacy produce-sourcing operation (8%). The remainder of net revenue reflects transportation management services and the firm's European truck brokerage operations.
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