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Stock impact report

First look: C.H. Robinson talks of the tough market, but stock soars yet again [Yahoo! Finance]

C.H. Robinson Worldwide, Inc. (CHRW) 
Last c.h. robinson worldwide, inc. earnings: 4/28 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.chrobinson.com
Company Research Source: Yahoo! Finance
But even as some of the brokerage's sequential numbers showed the impact of those conditions, and the year-on-year comparisons were mostly stronger but not to an enormous amount, C.H. Robinson's (NASDAQ: CHRW) stock soared anew. At approximately 5:05 pm EST, less than an hour after the earnings report was released, C.H. Robinson stock was up about 6.7% to $196. That number is a 52-week high for a stock that is up about 68% in the last 52 weeks. Adjusted non-GAAP earnings per share for C.H. Robinson in the quarter were $1.23. According to SeekingAlpha, that beat consensus estimates by 10 cts/share. The bottom line wasn't a better outcome either against a year ago or in the third quarter. Diluted earnings per share in the fourth quarter was $1.12. That was down 7.1% from a year ago. In the third quarter, that number was $1.34. On the ground, the less favorable market was most visible in the company's fourth quarter adjusted gross profits figures compared to the third quarter. Show less Read more
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