Comment / Conf call redux: CH Robinson – 'controlling what we can control and what we can't'

ID 117568087 © Andrii Yalanskyi | Dreamstime.com

Fourth-quarter results at US road transport operator and freight forwarder CH Robinson beat analysts’ profit expectations, delivering adjusted earnings per share of $1.21, nearly 10% above the expected $1.11.

Meanwhile, revenues fell as it navigated what continued to be a pretty awful environment for US trucking firms, with Q4 revenues of $4.18bn down 0.9% year-on-year and 5.7% off expectations of $4.44bn.

Its Q4 adjusted Ebitda of $208.1m marginally missed analysts’ estimates of $210.3m, according to S&P Capital IQ estimates, but operating margin ...