C. H. Robinson Worldwide (CHRW) Misses Q4 EPS by 31c, Misses on Revenue
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C.H. Robinson Reports 2023 Fourth Quarter Results
January 31, 2024 4:05 PM ESTEDEN PRAIRIE, Minn.--(BUSINESS WIRE)-- C.H. Robinson Worldwide, Inc. (C.H. Robinson) (Nasdaq: CHRW) today reported financial results for the quarter ended December 31, 2023.
Fourth Quarter Key Metrics:
Gross profits decreased 20.0% to $609.3 million Income from operations decreased 34.5% to $107.4 million Adjusted operating margin(1) decreased 400 basis points to 17.4% Diluted earnings per share (EPS) decreased 67.5% to $0.26 Adjusted EPS(1) decreased 52.8% to $0.50 Cash generated by operations decreased by $726.1 million to $47.3 millionFull-Year Key... More
