EDEN PRAIRIE (dpa-AFX) - C.H. Robinson Worldwide Inc. (CHRW) revealed earnings for its third quarter that increased from the same period last year but missed the Street estimates.
The company's earnings totaled $97.23 million, or $0.80 per share. This compares with $81.95 million, or $0.68 per share, in last year's third quarter.
Analysts on average had expected the company to earn $1.14 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 7.0% to $4.644 billion from $4.341 billion last year.
C.H. Robinson Worldwide Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $97.23 Mln. vs. $81.95 Mln. last year. -EPS (Q3): $0.80 vs. $0.68 last year. -Revenue (Q3): $4.644 Bln vs. $4.341 Bln last year.
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