Investing.com - CH Robinson (NASDAQ:CHRW) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
CH Robinson announced earnings per share of $1.44 on revenue of $4.79B. Analysts polled by Investing.com anticipated EPS of $1.33 on revenue of $4.9B.
CH Robinson shares are up 50% from the beginning of the year, still down 14.38% from its 52 week high of $106.75 set on October 8, 2020. They are outperforming the Nasdaq 100 which is up 16.05% from the start of the year.
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 $3.06 on revenue of $23.14B, compared to forecasts EPS of $2.79 on revenue of $23.19B.
Honeywell had beat expectations on Friday with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.
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