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C.H. Robinson Posts Fourth-Quarter And Full-Year Results
6.1
C.H. Robinson Worldwide Inc. reported fourth-quarter and full-year results on Wednesday, with Q4 net income of $136.3 million versus $149.3 million a year earlier and revenue down 6.5% to $3.91 billion. Adjusted Q4 net income rose to $149.2 million and adjusted EPS to $1.23, while full-year adjusted net income climbed to $618.2 million and adjusted EPS to $5.09. Shares rose about 6.88% to $196.96 after-hours.
Key Points
- 1Reports Q4 net income fell to $136.3M and revenue down 6.5% to $3.91B.
- 2Highlights adjusted results: adjusted net income rose to $149.2M, adjusted EPS up to $1.23.
- 3Drives stock jump: shares rose about 6.9% to $196.96 after-hours, signaling investor approval.
Scoring Rationale
Official quarterly and annual financial results drive score; limited novelty and industry-wide impact restricts higher rating.
Sources
Public references used for this report.
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