CH Robinson hammered

© Andrii Yalanskyi

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…

(Source MarketWatch)

… 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.