C.H. Robinson smashes estimates, takes advantage of constrained environment

C.H. Robinson posted third-quarter adjusted earnings per share of $1.85, easily beating the Street’s consensus estimate of $1.42 a share, up 85% year-over-year (y/y). Gross revenue for the third quarter totaled $6.3 billion, up 48.3% y/y driven by higher pricing and volume across most of Robinson’s services.

Robinson (NASDAQ: CHRW), the leading North American nonasset third-party logistics provider, reported its financial and operating results for the third quarter of 2021 on Tuesday after...

https://www.freightwaves.com/news/ch-robinson-smashes-estimates-takes-advantage-of-constrained-environment

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