Investing.com - CH Robinson reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
CH Robinson announced earnings per share of $1.74 on revenue of $6.5B. Analysts polled by Investing.com anticipated EPS of $1.85 on revenue of $6.22B.
CH Robinson shares are down 2% from the beginning of the year and are trading at $103.20 , down-from-52-week-high.They are outperforming the Nasdaq which is down 8.3% from the start of the year.
CH Robinson shares lost 1.31% in pre-market trade the report.
CH Robinson follows other major Industrials sector earnings this month
CH Robinson's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.59 on revenue of $27.85B, compared to forecasts EPS of $3.09 on revenue of $27.06B.
Union Pacific had beat expectations on January 20 with fourth quarter EPS of $2.66 on revenue of $5.73B, compared to forecast for EPS of $2.61 on revenue of $5.6B.
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