C.H. Robinson: Q4 Financial Highlights

C.H. Robinson Worldwide Announces Fourth-Quarter Financial Results

C.H. Robinson Worldwide Inc., headquartered in Eden Prairie, Minnesota, has released its financial results for the fourth quarter, posting a net income of $136.3 million.

The company reported earnings of $1.12 per share, with adjusted earnings—excluding certain one-time items—coming in at $1.23 per share.

These adjusted earnings surpassed the consensus estimate of $1.12 per share from nine analysts polled by Zacks Investment Research.

During the quarter, C.H. Robinson generated $3.91 billion in revenue, which fell short of the $3.96 billion anticipated by seven analysts surveyed by Zacks.

For the full year, the company achieved a total profit of $587.1 million, or $4.83 per share, on revenues amounting to $16.23 billion.