earnings
confidence high
sentiment negative
materiality 0.75
C.H. Robinson Q1: gross profit $647.5M (-4.5% YoY), adj. EPS $0.86 (-14%)
C. H. ROBINSON WORLDWIDE, INC.
2024-Q1 EPS reported
$0.78
revenue$4,412,311,000
- Gross profit $647.5M, down 4.5% YoY; income from operations $127.1M, down 21.1% YoY.
- Adjusted operating margin 19.3%, down 420 bps from prior year.
- Diluted EPS $0.78 (down 18.8%); adjusted EPS $0.86 (down 14.0%).
- Cash used by operations $33.3M vs $254.6M provided in Q1 2023, a $287.9M decline.
- Sequential improvement: gross profit +6.3%, op income +18.3%, adj. EPS +72% from Q4 2023.