C.H. Robinson Worldwide Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

C.H. Robinson Worldwide (NASDAQ:CHRW) Full Year 2024 Results

Key Financial Results

• Revenue: US$17.7b (flat on FY 2023).
• Net income: US$465.7m (up 43% from FY 2023).
• Profit margin: 2.6% (up from 1.8% in FY 2023).
• EPS: US$3.89 (up from US$2.74 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

C.H. Robinson Worldwide EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 3.9%.

The primary driver behind last 12 months revenue was the North American Surface Transportation segment contributing a total revenue of US$11.7b (66% of total revenue). Notably, cost of sales worth US$16.4b amounted to 92% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$617.7m (71% of total expenses). Explore how CHRW's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Logistics industry in the US.

Performance of the American Logistics industry.

The company's shares are up 3.0% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for C.H. Robinson Worldwide that you need to take into consideration.

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