Investing.com - CH Robinson (NASDAQ:CHRW) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CH Robinson announced earnings per share of $1.08 on revenue of $4.55B. Analysts polled by Investing.com anticipated EPS of $0.9679 on revenue of $4.14B.
CH Robinson shares are up 3% from the beginning of the year, still down 8.81% from its 52 week high of $106.75 set on October 8, 2020. They are broadly in line with the S&P 500 which is up 2.51% from the start of the year.
CH Robinson follows other major Transportation sector earnings this month
CH Robinson's report follows an earnings beat by Union Pacific on Thursday, who reported EPS of $2.36 on revenue of $5.14B, compared to forecasts EPS of $2.25 on revenue of $5.1B.
Canadian National Railway had beat expectations on Tuesday with fourth quarter EPS of $1.43 on revenue of $3.66B, compared to forecast for EPS of $1.42 on revenue of $3.63B.
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