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C.H. Robinson Worldwide Earnings Preview

Benzinga Insights
·2 min read

C.H. Robinson Worldwide (NASDAQ: CHRW) releases its next round of earnings this Tuesday, October 27. Here is Benzinga's essential guide to C.H. Robinson Worldwide's Q3 earnings report.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Based on C.H. Robinson Worldwide management projections, analysts predict EPS of $0.97 on revenue of $3.88 billion. In the same quarter last year, C.H. Robinson Worldwide reported EPS of $1.07 on revenue of $3.86 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

View more earnings on CHRW

If the company were to match the consensus estimate, earnings would be down 9.35%. Revenue would be up 0.62% from the same quarter last year. C.H. Robinson Worldwide's reported EPS has stacked up against analyst estimates in the past like this:

Quarter

Q2 2020

Q1 2020

Q4 2020

Q3 2019

EPS Estimate

0.59

0.68

0.96

1.14

EPS Actual

1.06

0.57

0.73

1.07

Revenue Estimate

3.44 B

3.54 B

3.76 B

3.93 B

Revenue Actual

3.63 B

3.81 B

3.79 B

3.86 B

Stock Performance

Over the last 52-week period, shares are up 9.92%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. C.H. Robinson Worldwide is scheduled to hold the call at 08:30:00 ET and can be accessed here.

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