CH Robinson Worldwide 2Q Earnings Pregame Scorecard

FOXBusiness

Last quarter CH Robinson Worldwide (NASDAQ:CHRW) hit analyst's estimates and it will report again on Tuesday, July 24, 2012.

Expectations

Continue Reading Below

Analysts currently expect CH Robinson Worldwide to come in with earnings of 71 cents per share on revenues of $2.9 billion. Analysts gave estimates ranging from 69 cents per share to 73 cents per share. Over the past three months, the average estimate has moved down from 75 cents.

Stock Movement

In terms of price changes, the stock's best recent streak was when it gained $5.20 per share between June 28, 2012 and July 3, 2012. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $6.29 (-9.6%), from $65.53 to $59.24.

Company Fundamental Trends

Stock Ratings

Analysts think investors should stand pat on CH Robinson Worldwide with 18 of 24 analysts rating it hold. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Last Quarter's Results

In the first quarter, profit rose 9.8% to $106.5 million (65 cents a share) from $97 million (59 cents a share) the year earlier, meeting analyst expectations. Revenue rose 7.9% to $2.55 billion from $2.37 billion.

Summary

Reporting Period: 2Q

Date of Release: Tuesday, July 24, 2012

EPS: 71 cents

Revenue Estimate: $2.9 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)