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1.90029147396811E-16 -0.000234011968040628 -0.00163808377628459 -0.00217296827466311 0.00016715140574336 -0.000668605622973251 -0.00431250626817759 -0.000835757028716612
Stock impact report

First look: Wall Street wallops RXO after earnings release [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
The earnings report was released at approximately 6:30 a.m. By 7 a.m., pre market trading had sunk RXO's stock price down more than 14.8% to $15. The negative news in the earnings report was not overly bad. But performance showed little improvement sequentially or from a year ago. Adjusted net income for the company as a whole, a non-GAAP measure, was down year-on-year, declining to $2 million from $7 million last year. According to Seeking Alpha, the third quarter non-GAAP EPS of 1 cent per share–down from 5 cents a year ago–was off Wall Street estimates by 3 cents per share. Total revenue of $1.4 billion was off consensus estimates by $30 million, SeekingAlpha said. Adjusted EBITDA also was down slightly, to $32 million from $33 million a year ago. The adjusted EBITDA margin of 2.3% was a decline from 3.2% a year ago. The net loss per share on a GAAP basis was 8 cents. For the first three quarters, those losses are now at 32 cents per share. With another quarter in the bo Show less Read more
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