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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.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHRW at https://www.zacks.com/ap/CHRW