Jan. 29 at 6:28 PM
Despite earnings beat, why is
$CHRW’s revenue falling? 📉
The company posted a Q4 EPS of
$1.23, beating the Zacks Consensus Estimate of
$1.12. However, revenues missed expectations at
$3.91 billion, a 6.5% decline year over year, due to divestitures and lower pricing in ocean and truckload services.
Find out what this means for investors 👉 https://www.zacks.com/stock/news/2825590/ch-robinson-q4-earnings-surpass-estimates-increase-year-over-year?cid=sm-stocktwits-2-2825590-body-31056&ADID=SYND_STOCKTWITS_TWEET_2_2825590_BODY_31056