C.H. Robinson Reports 2019 Third Quarter Results

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C.H. Robinson Worldwide (CHRW) PT Lowered to $95 at Cowen

October 30, 2019 12:55 PM EDT

Cowen analyst Jason Seidl lowered the price target on C.H. Robinson Worldwide (NASDAQ: CHRW) to $95.00 (from $106.00) while maintaining a Outperform rating.

The analyst commented, "CHRW expects freight market softness to continue for a few quarters and will be increasing investments in technology in... More

C. H. Robinson Worldwide (CHRW) Misses Q3 EPS by 7c

October 29, 2019 4:35 PM EDT

C. H. Robinson Worldwide (NASDAQ: CHRW) reported Q3 EPS of $1.07, $0.07 worse than the analyst estimate of $1.14. Revenue for the quarter came in at $3.9 billion versus the consensus estimate of $3.93 billion.

Outlook:
Looking ahead, we expect that North American... More