Preview: C.H. Robinson Worldwide's Earnings
Portfolio Pulse from Benzinga Insights
C.H. Robinson Worldwide (NASDAQ:CHRW) is set to release its quarterly earnings report on August 2, 2023. Analysts estimate an EPS of $0.90. The company's past performance shows a trend of share price increase following earnings reports, despite last quarter's EPS miss. The stock was trading at $100.18 as of July 31, with a 52-week return of -8.85%.
August 04, 2023 | 9:36 am
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C.H. Robinson Worldwide is expected to report an EPS of $0.90 in its upcoming earnings. Despite a negative 52-week return, the company's shares have historically increased following earnings reports.
The upcoming earnings report is highly relevant to CHRW's stock price. While the company's 52-week return is negative, its shares have historically increased following earnings reports. However, the impact of the earnings report on the stock price will depend on whether the company meets or exceeds the estimated EPS and the guidance it provides for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100