C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Chuck Ives – Director-Investor Relations Dave Bozeman – President and Chief Executive Officer Arun Rajan – Chief Strategy and Innovation Officer Michael Castagnetto – President of North American Surface Transportation Damon Lee – Chief Financial Officer Conference Call Participants Tom Wadewitz – UBS Jon Chappell – Evercore ISI Brian Ossenbeck – JPMorgan Jeff Kauffman – Vertical Research Partners Ken Hoexter – Bank of America Scott Group – Wolfe Research Daniel Imbro – Stephens Inc Chris Wetherbee – Wells Fargo Ari Rosa – Citi Jason Seidl – Cowen Stephanie Moore – Jefferies Operator Good afternoon, ladies and gentlemen, and welcome to the C.H. Robinson Third Quarter 2024 Conference Call.
The headline numbers for C.H. Robinson (CHRW) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
C.H. Robinson Worldwide (CHRW) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $0.84 per share a year ago.
C.H. Robinson's third-quarter performance is expected to have been boosted by strong operational efficiency, contributing to the company's prospects.
C.H. Robinson (CHRW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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CHRW's bottom line is bolstered by its robust cost-cutting initiatives and technology advancement moves. However, high capex is a major concern.
C.H. Robinson (CHRW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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