CHRW Stock Recent News

C.H. Robinson Worldwide stock gained 29% despite a sell rating, outperforming the S&P 500. The Company's earnings beat expectations with revenue growth and margin expansion. CHRW stock upgraded from sell to hold due to improved earnings and a focus on profitable growth, but is still considered overvalued.

C.H. Robinson Worldwide (CHRW) shares delivered major gains after the freight transportation and logistics firm posted better-than-expected quarterly profits, boosted by the implementation of a new, cost-efficient operating model. The second quarter of 2024 marked the second consecutive period that the supply chain specialist has exceeded earnings forecasts.

C.H. Robinson's (CHRW) second-quarter 2024 revenues benefit from higher pricing in its ocean services, partially offset by lower pricing in its truckload services.

C.H. Robinson (CHRW) could produce exceptional returns because of its solid growth attributes.

Earnings are coming in. Pricing is holding up, and volumes are making a comeback.

C.H. Robinson Worldwide Inc.'s new operating model is off to a good start, say analysts, after the shipping logistics provider's better-than-expected second-quarter profit.

C.H. Robinson delivered better-than-expected earnings despite a tough operating environment. Geopolitical issues overseas are helping to offset pricing weakness at home.

C.H. Robinson stock's rating upgraded from sell to hold. CHRW's 2Q24 earnings were positive generally, with positive earnings beat but missed revenue estimates. Management executing well on internal initiatives, but uncertain macro situation leads to hold rating.

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Chuck Ives - Director, Investor Relations David Bozeman - President and Chief Executive Officer Michael Castagnetto - President, North American Surface Transportation Arun Rajan - Chief Strategy and Innovation Officer Mike Zechmeister - Chief Financial Officer Damon Lee - Incoming Chief Financial Officer Conference Call Participants Jonathan Chappell - Evercore ISI Jeff Kauffman - Vertical Research Partners Chris Weatherby - Wells Fargo Tom Wadewitz - UBS Scott Group - Wolfe Research Ken Hoexter - Bank of America Daniel Imbro - Stephens Brian Ossenbeck - JP Morgan Christopher Kuhn - Benchmark Company Stephanie Moore - Jefferies Operator Good afternoon, ladies and gentlemen, and welcome to the C.H. Robinson Second Quarter 2024 Conference Call.

The headline numbers for C.H. Robinson (CHRW) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.