C.H. Robinson Worldwide Inc. Earnings Rise 12% In Q1

(RTTNews) - C.H. Robinson Worldwide Inc. (CHRW) announced a profit for its first quarter that rose from last year.

The company said its bottom line rose to $118.96 million, or $0.83 per share. This was higher than $106.48 million, or $0.73 per share, in last year's first quarter.

Analysts had expected the company to earn $0.82 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 7.0% to $3.07 billion. This was down from $3.30 billion last year.

C.H. Robinson Worldwide Inc. earnings at a glance:

-Earnings (Q1): $118.96 Mln. vs. $106.48 Mln. last year. -Earnings Growth (Y-o-Y): 11.7% -EPS (Q1): $0.83 vs. $0.73 last year. -EPS Growth (Y-o-Y): 13.7% -Analysts Estimate: $0.82 -Revenue (Q1): $3.07 Bln vs. $3.30 Bln last year. -Revenue Change (Y-o-Y): -7.0%