earnings
confidence high
sentiment positive
materiality 0.80
C.H. Robinson Q3 2024 adjusted EPS rises 45.5% to $1.28; operating income up 58.7%
C. H. ROBINSON WORLDWIDE, INC.
2024-Q3 EPS reported
$2.63
revenue$13,540,300,000
- Gross profits grew 15.5% YoY to $723.8M; income from operations up 58.7% to $180.1M.
- Adjusted operating margin expanded 660 bps to 24.5%; excluding restructuring, up 1,120 bps to 32.9%.
- Diluted EPS increased 17.6% to $0.80; adjusted EPS rose 45.5% to $1.28.
- Cash from operations fell $97.2M to $108.1M, driven by increased net working capital from higher ocean rates.
- No specific guidance update provided in the release.