Investing.com - CH Robinson reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CH Robinson announced earnings per share of $1 on revenue of $4.22B. Analysts polled by Investing.com anticipated EPS of $0.97 on revenue of $3.86B.
CH Robinson shares are up 27% from the beginning of the year and are trading at $100.00 , down-from-52-week-high.They are broadly in line with the Nasdaq which is up 27.4% from the start of the year.
CH Robinson follows other major Transportation sector earnings this month
CH Robinson's report follows an earnings missed by Union Pacific on Thursday, who reported EPS of $2.01 on revenue of $4.92B, compared to forecasts EPS of $2.06 on revenue of $4.93B.
Canadian National Railway had missed expectations on Tuesday, October 20, 2020 with third quarter EPS of $1.38 on revenue of $3.41B, compared to forecast for EPS of $1.45 on revenue of $3.48B.
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