C.H. Robinson Worldwide Q1 2024 Adj EPS $0.86 Beats $0.62 Estimate, Sales $4.412B Beat $4.269B Estimate
Portfolio Pulse from Benzinga Newsdesk
C.H. Robinson Worldwide (CHRW) reported Q1 2024 adjusted earnings of $0.86 per share, surpassing the consensus estimate of $0.62 by 38.71%. Quarterly sales reached $4.412 billion, exceeding estimates of $4.269 billion by 3.35%, yet marking a 4.34% decrease from the previous year's $4.612 billion.
May 01, 2024 | 8:09 pm
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C.H. Robinson Worldwide reported higher-than-expected Q1 2024 earnings and sales, with an EPS of $0.86 against a $0.62 estimate and sales of $4.412B against a $4.269B estimate.
Beating both earnings and sales estimates significantly indicates strong operational performance and efficiency, likely leading to positive investor sentiment and potentially a short-term increase in stock price.
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