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Stock impact report

C.H. Robinson Reports 2020 First Quarter Results

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: Business Wire
MINNEAPOLIS--(BUSINESS WIRE)--C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) today reported financial results for the quarter ended March 31, 2020.First Quarter Key Metrics:Total revenues increased 1.4 percent to $3.8 billionNet revenues decreased 16.3 percent to $568.0 millionIncome from operations decreased 51.3 percent to $109.4 million Operating margin decreased 1,380 basis points to 19.3 percent Diluted earnings per share (EPS) decreased 50.9 percent to $0.57 Cash flow from operations decreased 77.2 percent to $58.5 million “Since the beginning of the COVID-19 pandemic, C.H. Robinson has focused on three key pillars as guideposts for our decision making: ensuring the health and safety of our employees, providing supply chain continuity for our customers and carriers, and protecting the economic security of our people to the greatest extent possible,” said Bob Biesterfeld, Chief Executive Officer of C.H. Robinson.Biesterfeld continued, “We continue to have a st Show less Read more
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