Investing.com - CH Robinson (NASDAQ:CHRW) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CH Robinson announced earnings per share of $2.05 on revenue of $6.82B. Analysts polled by Investing.com anticipated EPS of $1.55 on revenue of $5.96B.
CH Robinson shares are down 26% from the beginning of the year, still down 8.31% from its 52 week high of $112.15 set on January 6. They are under-performing the Nasdaq which is down 20.17% from the start of the year.
CH Robinson shares gained 4.34% in after-hours trade following 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 $3.05 on revenue of $24.38B, compared to forecasts EPS of $2.89 on revenue of $23.82B.
Union Pacific had beat expectations on April 21 with first quarter EPS of $2.57 on revenue of $5.86B, compared to forecast for EPS of $2.56 on revenue of $5.71B.
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