C.H. Robinson Reports 2020 Fourth Quarter Results
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C. H. Robinson Worldwide (CHRW) Tops Q4 EPS by 11c, Revenues Beat
January 26, 2021 4:17 PM ESTC. H. Robinson Worldwide (NASDAQ: CHRW) reported Q4 EPS of $1.08, $0.11 better than the analyst estimate of $0.97. Revenue for the quarter came in at $4.5 billion versus the consensus estimate of $4.17 billion.
Fourth Quarter Results Summary
Total revenues increased 19.9 percent to $4.5 billion, driven primarily by higher pricing and higher volume across most of our service lines.Gross profits increased 10.5 percent to $636.1 million. Adjusted gross profits increased 10.7 percent to $640.6 million, primarily driven by higher pricing and higher volume in our Global Forwarding business segment and contributions from the acquisition of Prime Distribution Services... More