C.H. Robinson: Q3 Earnings Snapshot
By AP News
Published - Oct 30, 2024, 04:17 PM ET
Last Updated - Dec 16, 2024, 05:49 PM EST
EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — C.H. Robinson Worldwide Inc. (CHRW) on Wednesday reported third-quarter net income of $97.2 million.
The Eden Prairie, Minnesota-based company said it had net income of 80 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.28 per share.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.12 per share.
The trucking company posted revenue of $4.64 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $4.5 billion.
