C.H. Robinson Worldwide's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
C.H. Robinson Worldwide (NASDAQ:CHRW) is expected to release its quarterly earnings report on January 31, 2024, with an estimated EPS of $0.81. Investors are looking for an earnings beat and positive guidance for future growth. The company's past earnings performance shows mixed results with minor share price movements following earnings releases. Over the last year, CHRW shares have declined by 16.22%, indicating potential concern among long-term shareholders ahead of the earnings announcement.
January 30, 2024 | 5:01 pm
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C.H. Robinson Worldwide is anticipated to report quarterly earnings with an EPS estimate of $0.81. Investors will focus on earnings results and future guidance, which could influence the stock price.
The short-term impact on CHRW's stock price will likely hinge on whether the company beats the earnings estimate and provides positive guidance. Historical data shows minor price changes post-earnings, suggesting a potentially muted reaction. However, the recent 16.22% year-over-year decline in stock price could amplify investor sensitivity to the earnings report and guidance.
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