CH Robinson Worldwide Earnings: Here’s Why Investors Don’t Like These Results

CH Robinson Worldwide Inc. (NASDAQ:CHRW) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 0.16%.

CH Robinson Worldwide Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 1.41% to $0.7 in the quarter versus EPS of $0.71 in the year-earlier quarter.

Revenue: Rose 11.24% to $3.29 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: CH Robinson Worldwide Inc. reported adjusted EPS income of $0.7 per share. By that measure, the company missed the mean analyst estimate of $0.74. It missed the average revenue estimate of $3.34 billion.

Key Stats (on next page)…

Revenue increased 9.81% from $2.99 billion in the previous quarter. EPS increased 9.37% from $0.64 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.78 to a profit $0.77. For the current year, the average estimate has moved down from a profit of $2.95 to a profit of $2.91 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)