logo
Share SHARE
FONT-SIZE Plus   Neg

CH Robinson Worldwide Q1 Profit Rises - Quick Facts

CH Robinson Worldwide Inc. (CHRW) reported that its first-quarter net income increased to $106.50 million or $0.65 per share, up from $97.03 million or $0.59 per share in the same quarter last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.65 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter rose to $2.55 billion from $2.37 billion in the prior year quarter. Seventeen analysts had consensus revenue estimate of $2.60 billion for the quarter.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Discount retailer Family Dollar Stores Inc., which is being acquired by rival Dollar Tree Inc., said Wednesday after the markets closed that its third quarter profit fell slightly from last year, due mainly to a higher effective tax rate. The company's quarterly earnings per share, excluding items, also came in below analysts' expectations. Most of the major automakers, except General Motors Co. (GM), Wednesday reported improved sales results for June, as strong sales of trucks and SUVs continued to help offset weak car sales. Nonetheless, GM's June U.S. sales dropped 3 percent to 259,353 units from 267,461 units last year. The drop... Media and entertainment giant Walt Disney Co. said Tuesday that Christine McCarthy, the company's Treasurer for the past 15 years, will succeed James Rasulo as Chief Financial Officer.
comments powered by Disqus
RELATED NEWS
Trade CHRW now with 
Follow RTT