C.H. Robinson Worldwide Inc. Bottom Line Advances 4% In Q2

(RTTNews) - C.H. Robinson Worldwide Inc. (CHRW) revealed a profit for its second quarter that gained ground compared to the same period last year.

The company said its bottom line came in at $143.09 million, or $1.00 per share. This was higher than $137.21 million, or $0.94 per share, in last year's second quarter.

Analysts had expected the company to earn $1.00 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 7.0% to $3.30 billion. This was down from $3.55 billion last year.

C.H. Robinson Worldwide Inc. earnings at a glance:

-Earnings (Q2): $143.09 Mln. vs. $137.21 Mln. last year. -Earnings Growth (Y-o-Y): 4.3% -EPS (Q2): $1.00 vs. $0.94 last year. -EPS Growth (Y-o-Y): 6.4% -Analysts Estimate: $1.00 -Revenue (Q2): $3.30 Bln vs. $3.55 Bln last year. -Revenue Change (Y-o-Y): -7.0%