Shares of freight transportation intermediary C.H. Robinson (NASDAQ:CHRW)
jumped 17.6% in the afternoon session after the company reported strong second-quarter earnings that surpassed profit expectations, driven by significant cost-cutting measures and improved operational efficiency. The logistics company announced that its profit increased from the previous year, with adjusted earnings of $1.29 per share beating analyst forecasts. This result occurred despite a decline in quarterly revenue, highlighting the success of the company's strategic initiatives. The firm achieved these results through significant cost reductions and operational efficiency gains, which included a 17.4% decrease in its workforce. These actions led to a substantial increase in operating margins. In response to the strong performance, Wall Street sentiment turned positive, with Baird upgrading the stock to Outperform and raising its price target, citing the company's rapid progress.
Stay informed about the performance of the S&P500 index in the middle of the day on Thursday. Uncover the top gainers and losers in today's session for valuable insights.
Freight transportation intermediary C.H. Robinson (NASDAQ:CHRW) fell short of the market’s revenue expectations in Q2 CY2025, with sales falling 7.7% year on year to $4.14 billion. Its non-GAAP profit of $1.29 per share was 11.4% above analysts’ consensus estimates.
While profitability is essential, it doesn’t guarantee long-term success.
Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity".
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Friday as we examine the latest happenings in today's session.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems to be baking in a prolonged downturn
as the industry has shed 10.4% over the past six months. This drop was worse than the S&P 500’s 1.9% decline.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at air freight and logistics stocks, starting with C.H. Robinson Worldwide (NASDAQ:CHRW).
Freight transportation intermediary C.H. Robinson (NASDAQ:CHRW) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 8.3% year on year to $4.05 billion. Its non-GAAP profit of $1.17 per share was 11.4% above analysts’ consensus estimates.
Freight transportation intermediary C.H. Robinson (NASDAQ:CHRW) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 8.3% year on year to $4.05 billion. Its non-GAAP profit of $1.17 per share was 11.4% above analysts’ consensus estimates.
