C.H. Robinson Worldwide (CHRW) reported second quarter net income of $0.59 per share after the close Tuesday, up from $0.54 per share last year. The consensus estimate was for EPS of $0.55.
C.H. Robinson Worldwide gapped open sharply higher Wednesday and posted gains in early trade. The stock was range-bound for the majority of the session and finished up by 3.67 at $64.87 on the highest volume in nearly 6 months. Shares has been on an upward trend for the past 3 weeks and closed Wednesday at a new high for the year.
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