C.H. Robinson Surprises with Strong Q3 Earnings, Outperforming Analyst Expectations

C.H. Robinson Worldwide, Inc. (CHRW) exceeded expectations in the third quarter, reporting earnings per share of $1.28, beating the analyst consensus of $1.15. Revenue also surpassed estimates, reaching $4.645 billion compared to the anticipated $4.527 billion. Despite the strong performance, the stock fell 5.9% on Thursday. Analysts, however, responded positively to the results, with some raising their price targets.

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