CH Robinson Q3 EPS $1.67
CHRW•CH Robinson reported Q3 revenue of $5.4 billion, above the $4.915 billion estimate, and adjusted EPS of $1.80, compared with the $1.75 estimate. Net income was $198.5 million, and the company’s FY capex outlook was $65 million to $75 million.
1. Quarterly results
CH Robinson reported Q3 revenue of $5.4 billion, versus an IBES estimate of $4.915 billion. Adjusted EPS was $1.80, compared with an estimate of $1.75; the headline cited EPS of $1.67. Net income was $198.5 million, operating income was $271.8 million and operating expenses were $536.6 million. The company forecast FY capex of $65 million to $75 million.
