Seko Logistics appoints Ursula Wallace to head up North America ocean freight
Seko Logistics has appointed veteran forwarder Ursula Wallace (above) to head its ocean product, North ...
SEEKING ALPHA reports: “CH Robinson GAAP EPS of $1.74 misses by $0.13; revenue of $6.5bn beats by $240m“.
Moreover:
– CH Robinson Worldwide press release (NASDAQ:CHRW): Q4 GAAP EPS of $1.74 misses by $0.13.
– Revenue of $6.5B (+42.9% Y/Y) beats by $240M.
– Adjusted gross profits increased 33.7% to $856.3M.
– Adjusted operating margin increased 130 basis points to 33.6%.
– Q4 Cash generated by operations decreased by $86.3M to $75.9M.
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Investors weren’t pleased with the trading update…
… with the stock down 6.4% to $97.8 in pre-market trade following today’s announcement (2 Feb), which can be found here: “CH Robinson reports Q4 21 results“.
PS: The shares were down 11.5% to $92.51 less than one hour ahead of trading; opened at ~ $95 (-10%) and closed at $92.54, –11.5% for the day. On Thursday, it fell again, ending the session at $89.56 – its lowest level since early October.
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