C.H. Robinson Worldwide, Inc. Second Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) will unveil its latest earnings on Tuesday, July 26, 2011. CH Robinson Worldwide, Inc. is a third party logistics company which provides freight transportation and logistics solutions to a variety of clients. United Parcel Service, Inc. Second Quarter Earnings Sneak Peek>>

C.H. Robinson Worldwide, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 69 cents per share, a rise of 16.9% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 68 cents. For the year, analysts are projecting net income of $2.72 per share, a rise of 16.7% from last year.

Past Earnings Performance: The company fell short of estimates last quarter after being in line with forecasts the quarter prior. In the first quarter, it reported profit of 59 cents per share versus a mean estimate of 60 cents. Two quarters ago, it reported net income of 62 cents per share.

Savvy Investing Tip: Our CHEAT SHEET investing framework recommends only stocks with two straight quarters of earnings growth. Learn More >>

Wall St. Revenue Expectations: On average, analysts predict $2.72 billion in revenue this quarter, a rise of 11% from the year ago quarter. Analysts are forecasting total revenue of $10.49 billion for the year, a rise of 13.2% from last year’s revenue of $9.27 billion.

Analyst Ratings: Analysts seem relatively indifferent about C.H. Robinson Worldwide with 18 of 26 analysts surveyed maintaining a hold rating.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 20.3%, 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 first quarter, net income rose 15.5% while it rose 17.6% in the fourth quarter of the last fiscal year and 7.5% in the third quarter of the last fiscal year.

Competitors to Watch: UTi Worldwide Inc. (NASDAQ:UTIW), Expeditors Intl. of Washington (NASDAQ:EXPD), Pacer International, Inc. (NASDAQ:PACR), Hub Group, Inc. (NASDAQ:HUBG), Roadrunner Transportation Services Hold. (NYSE:RRTS), Echo Global Logistics, Inc. (NASDAQ:ECHO), Vitran Corp., Inc. (NASDAQ:VTNC), United Parcel Service, Inc. (NYSE:UPS), and J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT).

Stock Price Performance: During May 23, 2011 to July 20, 2011, the stock price had fallen $1 (-1.3%) from $79.69 to $78.69. The stock price saw one of its best stretches over the last year between March 23, 2011 and April 4, 2011 when shares rose for nine-straight days, rising 5.9% (+$4.21) over that span. It saw one of its worst periods between June 2, 2011 and June 8, 2011 when shares fell for five-straight days, falling 3.2% (-$2.56) over that span. Shares are down 88 cents (-1.1%) year to date.

(Source: Xignite Financials)

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