EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — C.H. Robinson Worldwide Inc. (CHRW) on Wednesday reported first-quarter net income of $147.2 million.
On a per-share basis, the Eden Prairie, Minnesota-based company said it had profit of $1.22. Earnings, adjusted for non-recurring costs, came to $1.35 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.
The trucking company posted revenue of $4.01 billion in the period, which missed Street forecasts. Five analysts surveyed by Zacks expected $4.08 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHRW at https://www.zacks.com/ap/CHRW
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