earnings
confidence high
sentiment negative
materiality 0.85
C.H. Robinson Q2 adjusted EPS falls 64% to $0.90; gross profit down 36%
C. H. ROBINSON WORLDWIDE, INC.
2023-Q2 EPS reported
$1.77
revenue$9,033,526,000
- Diluted EPS $0.81 (GAAP); adjusted EPS $0.90, down 64.3% YoY.
- Gross profits $656.7M, down 35.9%; income from operations $132.6M, down 71.8%.
- Adjusted operating margin 19.9%, down 2,560 basis points.
- Cash from operations $224.8M, down $40.4M from prior year.