earnings
confidence high
sentiment negative
materiality 0.85
C.H. Robinson Q3 2023 diluted EPS $0.68 (-61.8%); gross profit $626.6M (-28.9%)
C. H. ROBINSON WORLDWIDE, INC.
2023-Q3 EPS reported
$2.46
revenue$13,374,556,000
- Gross profit decreased 28.9% to $626.6M; income from operations down 60.5% to $113.5M.
- Adjusted operating margin fell 1,450 bps to 17.9%; excluding restructuring fell 1,070 bps to 21.7%.
- Diluted EPS $0.68 (-61.8%); adjusted EPS $0.84 (-52.8%).
- Cash from operations decreased $420.2M to $205.2M.