C.H. Robinson Worldwide (CHRW) to Release Earnings on Wednesday
C.H. Robinson Worldwide (NASDAQ:CHRW) will release its earnings data on Wednesday, February 5th. Persons that wish to register for the company’s earnings conference call can do so using this link.
C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its earnings results on Wednesday, November 6th. The company reported $0.69 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.74 by $0.05. The company had revenue of $3.32 billion for the quarter, compared to the consensus estimate of $3.23 billion. During the same quarter in the prior year, the company posted $0.72 earnings per share. The company’s quarterly revenue was up 15.1% on a year-over-year basis. On average, analysts expect C.H. Robinson Worldwide to post $2.71 EPS for the current fiscal year and $2.99 EPS for the next fiscal year.
C.H. Robinson Worldwide (NASDAQ:CHRW) opened at 57.73 on Tuesday. C.H. Robinson Worldwide has a 52-week low of $53.74 and a 52-week high of $67.38. The stock has a 50-day moving average of $57. and a 200-day moving average of $58.64. The company has a market cap of $8.754 billion and a P/E ratio of 16.11.
A number of research firms have recently commented on CHRW. Analysts at Zacks reiterated a “neutral” rating on shares of C.H. Robinson Worldwide in a research note to investors on Wednesday, January 29th. They now have a $60.00 price target on the stock. On the ratings front, analysts at KeyCorp initiated coverage on shares of C.H. Robinson Worldwide in a research note to investors on Wednesday, December 11th. They set a “hold” rating on the stock. Finally, analysts at Sanford C. Bernstein downgraded shares of C.H. Robinson Worldwide from an “outperform” rating to a “market perform” rating in a research note to investors on Friday, December 6th. They now have a $63.00 price target on the stock, down previously from $68.00. Eight equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has given a buy rating to the stock. C.H. Robinson Worldwide currently has a consensus rating of “Hold” and an average target price of $57.36.
C.H. Robinson Worldwide, Inc (NASDAQ:CHRW) is a third party logistics company.
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