C.H. Robinson (CHRW) is scheduled to report second-quarter 2024 results on Jul 31 after market close. C.H. Robinson has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missing once. The average beat is 2.07%. The Zacks Consensus Estimate for CHRW's soon-to-be reported quarter's earnings has been revised upward by 5.75% in the past 60 days to 92 cents per share. Meanwhile,the Zacks Consensus Estimate for revenues is pegged at $ ...

An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. Does Earnings Surprise History Hold Any Clue? The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 31. On the other hand, if they miss, the stock ...

CHRW's 2024 Restructuring Program aims to advance the enterprise strategy by optimizing the company's cost structure. In the first quarter of 2024, the initiative streamlined management, reduced the workforce, and refocused product and technology efforts. Management anticipates incurring approximately $25 million of restructuring charges related to the program in the current year. C.H Robinson ended the first quarter of 2024 with a robust liquidity position, holding approximately $121.8 million in cash and ...

In a bid to offer innovative payment solutions to the transportation industry, C.H. Robinson (CHRW) inked a deal with Triumph Financial (TFIN) . CHRW's decision to join TFIN's freight payments platform implies that the former's 450,000 contract carriers will have access to the transportation finance solutions on the TriumphPay Network. Image Source: Zacks Investment Research SkyWest has an expected earnings growth rate of 787% for the current year. The freight broker, through this partnership, will be in a ...

DALLAS, June 17, 2024 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) and global logistics provider C.H. Robinson (Nasdaq: CHRW) announced today a strategic relationship focused on delivering innovative payment solutions to the transportation industry. C.H. Robinson will join the TriumphPay Network, a platform that connects brokers, shippers, factors and carriers for a streamlined payment experience. This collaboration provides the foundation for delivering new solutions and financial benefits to ...

C.H. Robinson Worldwide, Inc. (CHRW) has chosen Damon Lee as its new chief financial officer (CFO), related to the previously announced CFO transition. Lee will start working with C.H. Robinson on Jul 8, 2024, and will assume the role of CFO the day after the Form 10-Q is filed for the second quarter of 2024. Mike Zechmeister, C.H. Robinson's existing CFO, will continue to serve his role till then and depart at that time, after which he plans to retire. Dave Bozeman, C.H. Robinson's president and chief exec ...

C.H. Robinson Worldwide (CHRW) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, CHRW broke through the 200-day moving average, which suggests a long-term bullish trend.The 200-day simple moving average helps traders and analysts determine overall long-term market trends for stocks, commodities, indexes, and other financial instruments. The indicator moves higher or lower along with longer-term price moves, serving as a support or resistance ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, May 8th:Gray Television (GTN) : This communications company which currently operates 15 CBS-affiliated television stations, seven NBC-affiliated television stations, seven ABC-affiliated television stations and four daily newspapers, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.4% over the last 60 days.This Zacks Rank #1 (Strong Buy) company has a dividend yield of ...

In addition to the other information set forth in this Quarterly Report, you should carefully consider the factors disclosed in Part I, Item 1A. Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2023, which could materially affect our business, financial condition, or future results. There have not been material changes in our risk factors set forth in the company's 2023 Annual Report on Form 10-K. The risks described in our Annual Report on Form 10-K are not the only risks faci ...

C.H. Robinson Worldwide, Inc. (CHRW) first-quarter 2024 earnings of 86 cents per share outpaced the Zacks Consensus Estimate of 60 cents but declined year over year. Total revenues of $4,412.31 million beat the Zacks Consensus Estimate of $4,209.1 million but declined 4.3% year over year owing to lowerpricing in the company’s truckload services, partially offset by higher pricing and increased volume in its ocean services.Operating expenses grew 1.1% year over year to $530.6 million.Adjusted gross profits f ...