C.H. Robinson Earnings Cheat Sheet: Revenue Rose 14% As Profits Fall Short

S&P 500 (NYSE:SPY) component C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) reported its results for the first quarter. CH Robinson Worldwide, Inc. is a third party logistics company which provides freight transportation and logistics solutions to a variety of clients.

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C.H. Robinson Worldwide Earnings Cheat Sheet for the First Quarter

Results: Net income for C.H. Robinson Worldwide, Inc. rose to $97 million (59 cents/share) vs. $84 million (50 cents/share) in the same quarter a year earlier. A rise of 15.5% from the year earlier quarter.

Revenue: Rose 14% to $2.37 billion YoY.

Actual vs. Wall St. Expectations: CHRW fell short of the mean analyst estimate of 60 cents/share. Estimates ranged from 56 cents per share to 64 cents per share.

Key Stats: The company has enjoyed double-digit year-over-year revenue growth for the past five quarters. Over that span, the company has averaged growth of 20.8%, with the biggest boost coming in the second quarter of the last fiscal year when revenue rose 27.4% from the year earlier quarter.

The company has now seen net income rise in three-straight quarters. In the fourth quarter of the last fiscal year, net income rose 17.6% and in the third quarter of the last fiscal year, the figure rose 7.5%.

Competitors to Watch: Expeditors Intl. of Washington (NASDAQ:EXPD), UTi Worldwide Inc. (NASDAQ:UTIW), Pacer International, Inc. (NASDAQ:PACR), Hub Group, Inc. (NASDAQ:HUBG), Roadrunner Transportation Services Hold. (NYSE:RRTS), Echo Global Logistics, Inc. (NASDAQ:ECHO), Pacific CMA, Inc. (PACC), Vitran Corp., Inc. (NYSE:USA) (NASDAQ:VTNC), United Parcel Service, Inc. (NYSE:UPS), and FedEx Corporation (NYSE:FDX).

Today’s Performance: Shares of CHRW are down .3% in after hours trading.


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