C.H. Robinson: Q2 Earnings Snapshot
By AP News
Published - Aug 01, 2024, 01:44 AM ET
Last Updated - Aug 01, 2024, 01:44 AM EDT
EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — C.H. Robinson Worldwide Inc. (CHRW) on Wednesday reported second-quarter profit of $126.3 million.
On a per-share basis, the Eden Prairie, Minnesota-based company said it had net income of $1.05. Earnings, adjusted for one-time gains and costs, came to $1.15 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 95 cents per share.
The trucking company posted revenue of $4.48 billion in the period, meeting Street forecasts.
