C.H. Robinson Reports Second Quarter Results
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C. H. Robinson Worldwide (CHRW) Reports In-Line Q2 EPS
July 26, 2016 4:41 PM EDTC. H. Robinson Worldwide (NASDAQ: CHRW) reported Q2 EPS of $1.00, in-line with the analyst estimate of $1.00. Revenue for the quarter came in at $3.3 billion versus the consensus estimate of $3.43 billion.
Our truckload net revenues decreased 1.4 percent in the second quarter of 2016 compared to the second quarter of 2015. Our total truckload volumes increased approximately three percent in the second quarter of 2016 compared to the second quarter of 2015. North American truckload volumes also increased approximately three percent over the same period. Our truckload net revenue margin increased in the second quarter of 2016 compared to... More
