Benzinga | Jan 26, 2021 04:45PM EST

C.H. Robinson Worldwide: Q4 Earnings Insights

Shares of C.H. Robinson Worldwide (NASDAQ:CHRW) rose in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 47.95% over the past year to $1.08, which beat the estimate of $0.97.

Revenue of $4,549,000,000 up by 19.93% year over year, which beat the estimate of $4,170,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Price Action

Company's 52-week high was at $106.75

52-week low: $56.94

Price action over last quarter: Up 10.07%

Company Overview

C.H. Robinson is a top-tier non-asset-based third-party logistics provider with a significant focus on domestic freight brokerage (66% of net revenue), which reflects mostly truck brokerage but also rail intermodal. It also operates a growing air and ocean forwarding unit (20%) and a legacy produce-sourcing operation (9%). The remainder of net revenue reflects transportation management services and the firm's European truck brokerage operations.