Brokerages expect C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) to announce earnings per share (EPS) of $0.81 for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have provided estimates for C.H. Robinson Worldwide’s earnings. The lowest EPS estimate is $0.79 and the highest is $0.83. C.H. Robinson Worldwide posted earnings per share of $0.90 in the same quarter last year, which would suggest a negative year-over-year growth rate of 10%. The company is scheduled to announce its next quarterly earnings report on Tuesday, October 24th.

According to Zacks, analysts expect that C.H. Robinson Worldwide will report full-year earnings of $3.25 per share for the current financial year, with EPS estimates ranging from $3.15 to $3.53. For the next year, analysts forecast that the firm will post earnings of $3.53 per share, with EPS estimates ranging from $3.33 to $3.78. Zacks’ earnings per share averages are an average based on a survey of research analysts that follow C.H. Robinson Worldwide.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its quarterly earnings results on Wednesday, July 19th. The transportation company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.12). The firm had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.63 billion. C.H. Robinson Worldwide had a return on equity of 37.41% and a net margin of 3.49%. The company’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.00 EPS.

Several research firms recently commented on CHRW. Stephens upgraded C.H. Robinson Worldwide from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $73.00 to $90.00 in a research note on Wednesday, August 30th. UBS AG upgraded C.H. Robinson Worldwide from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $65.00 to $75.00 in a research note on Tuesday, September 5th. BidaskClub upgraded C.H. Robinson Worldwide from a “strong sell” rating to a “sell” rating in a research note on Wednesday, July 5th. Cowen and Company reiterated a “hold” rating and issued a $68.00 price target on shares of C.H. Robinson Worldwide in a research note on Friday, August 25th. Finally, Citigroup Inc. cut their price target on C.H. Robinson Worldwide from $80.00 to $73.00 and set a “neutral” rating on the stock in a research note on Thursday, July 13th. Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company’s stock. C.H. Robinson Worldwide has a consensus rating of “Hold” and an average price target of $71.75.

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C.H. Robinson Worldwide (NASDAQ CHRW) traded down 2.17% on Thursday, reaching $70.71. The company had a trading volume of 2,772,271 shares. C.H. Robinson Worldwide has a 12 month low of $63.41 and a 12 month high of $81.16. The firm has a market capitalization of $9.93 billion, a PE ratio of 20.74 and a beta of 0.41. The stock has a 50 day moving average of $68.30 and a 200 day moving average of $71.32.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 1st will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 2.49%. The ex-dividend date of this dividend is Wednesday, August 30th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 52.94%.

In other news, VP Angela K. Freeman sold 1,200 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $68.72, for a total transaction of $82,464.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.85% of the stock is currently owned by corporate insiders.

Several large investors have recently bought and sold shares of CHRW. Nationwide Fund Advisors grew its holdings in shares of C.H. Robinson Worldwide by 1.6% during the first quarter. Nationwide Fund Advisors now owns 39,600 shares of the transportation company’s stock valued at $3,061,000 after purchasing an additional 635 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of C.H. Robinson Worldwide by 8.8% during the first quarter. Janney Montgomery Scott LLC now owns 6,413 shares of the transportation company’s stock valued at $496,000 after purchasing an additional 517 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in shares of C.H. Robinson Worldwide by 11.0% during the first quarter. Advisors Asset Management Inc. now owns 12,735 shares of the transportation company’s stock valued at $984,000 after purchasing an additional 1,264 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of C.H. Robinson Worldwide by 3.1% during the first quarter. American Century Companies Inc. now owns 5,657 shares of the transportation company’s stock valued at $437,000 after purchasing an additional 172 shares during the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in shares of C.H. Robinson Worldwide by 9.6% during the first quarter. Daiwa Securities Group Inc. now owns 4,000 shares of the transportation company’s stock valued at $309,000 after purchasing an additional 350 shares during the last quarter. 90.10% of the stock is owned by institutional investors.

C.H. Robinson Worldwide Company Profile

C.H. Robinson Worldwide, Inc is a provider of transportation services and logistics solutions through a network of offices operating in North America, Europe, Asia, Australia, New Zealand and South America. The Company’s segments include North American Surface Transportation (NAST), Global Forwarding, Robinson Fresh, and All Other and Corporate.

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Earnings History and Estimates for C.H. Robinson Worldwide (NASDAQ:CHRW)

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