C.H. Robinson Worldwide Inc. Reports 12% Advance In Q4 Profit

(RTTNews) - C.H. Robinson Worldwide Inc. (CHRW) reported earnings for its fourth quarter that advanced compared to the same period last year.

The company said its bottom line climbed to $126.58 million, or $0.88 per share. This was up from $112.95 million, or $0.77 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.87 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 4.5% to $3.21 billion. This was down from $3.36 billion last year.

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

-Earnings (Q4): $126.58 Mln. vs. $112.95 Mln. last year. -Earnings Growth (Y-o-Y): 12.1% -EPS (Q4): $0.88 vs. $0.77 last year. -EPS Growth (Y-o-Y): 14.3% -Analysts Estimate: $0.87 -Revenue (Q4): $3.21 Bln vs. $3.36 Bln last year. -Revenue Change (Y-o-Y): -4.5%