C.H. Robinson Worldwide Inc. Reports 3% Advance In Q1 Profit

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

The company said its bottom line advanced to $122.08 million, or $0.86 per share. This was up from $118.96 million, or $0.83 per share, in last year's first quarter.

Analysts had expected the company to earn $0.81 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 11.4% to $3.42 billion. This was up from $3.07 billion last year.

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

-Earnings (Q1): $122.08 Mln. vs. $118.96 Mln. last year. -Earnings Growth (Y-o-Y): 2.6% -EPS (Q1): $0.86 vs. $0.83 last year. -EPS Growth (Y-o-Y): 3.6% -Analysts Estimate: $0.81 -Revenue (Q1): $3.42 Bln vs. $3.07 Bln last year. -Revenue Change (Y-o-Y): 11.4%