C.H. Robinson Worldwide Inc. Q4 Profit Falls 3%

(RTTNews) - C.H. Robinson Worldwide Inc. (CHRW) released earnings for fourth quarter that dropped from last year.

The company said its profit totaled $122.30 million, or $0.86 per share. This was lower than $126.58 million, or $0.88 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.84 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.2% to $3.41 billion. This was up from $3.21 billion last year.

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

-Earnings (Q4): $122.30 Mln. vs. $126.58 Mln. last year. -Earnings Decline (Y-o-Y): -3.4% -EPS (Q4): $0.86 vs. $0.88 last year. -EPS Decline (Y-o-Y): -2.3% -Analysts Estimate: $0.84 -Revenue (Q4): $3.41 Bln vs. $3.21 Bln last year. -Revenue Change (Y-o-Y): 6.2%