C.H. Robinson Worldwide Q2 2024 Adj. EPS $1.15 Beats $0.96 Estimate, Sales $4.483B Miss $4.532B Estimate
Portfolio Pulse from Benzinga Newsdesk
C.H. Robinson Worldwide (NASDAQ:CHRW) reported Q2 2024 adjusted EPS of $1.15, beating the $0.96 estimate by 19.79%. However, sales of $4.483 billion missed the $4.532 billion estimate by 1.09%, though they increased by 1.40% year-over-year.
July 31, 2024 | 8:06 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
C.H. Robinson Worldwide reported Q2 2024 adjusted EPS of $1.15, beating estimates by 19.79%. However, sales of $4.483 billion missed estimates by 1.09%, though they increased by 1.40% year-over-year.
The significant EPS beat is likely to have a positive impact on the stock price in the short term, despite the slight miss in sales. The year-over-year sales increase also adds a positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100