C.H. Robinson Reports 2018 Fourth Quarter and Full-Year Results

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C.H. Robinson Worldwide (CHRW) PT Raised to $82 at Credit Suisse

January 31, 2019 7:44 AM EST

Credit Suisse analyst Allison Landry raised the price target on C.H. Robinson Worldwide (NASDAQ: CHRW) to $82.00 (from $80.00) while maintaining a Underperform rating.

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C. H. Robinson Worldwide (CHRW) Tops Q4 EPS by 13c, Revenues Miss

January 29, 2019 4:23 PM EST

C. H. Robinson Worldwide (NASDAQ: CHRW) reported Q4 EPS of $1.34, $0.13 better than the analyst estimate of $1.21. Revenue for the quarter came in at $4.1 billion versus the consensus estimate of $4.27 billion.

We are pleased with our financial results in 2018. We achieved record levels of net revenues and operating income and a 100 basis point increase in operating income margin. Led by our strong operating performance, we more than doubled our cash flow from operations and returned nearly $600 million to shareholders in 2018, said John Wiehoff, Chairman and Chief Executive Officer of C.H. Robinson. Our strong 2018... More