Comment / Freaking cool CH Robinson – it's the operating model, stupid!

ID 133880348 © Denis Koltsov | Dreamstime.com

… and very wrong here.

Yours truly.

Oh, in fact 

Even at a glance, CH Robinson’s Q3 24 (CHRW) update out yesterday (30 October) after the US stock market closed, was nothing short of sensational. Too good to be true, however?

There are lots of adjustments in its figures and non-GAAP metrics kicking around. Nonetheless, in a soft market, adjusted earnings per share came in about 11% higher than expected, hitting $1.28 for the quarter – a testament to a turnaround story that is ...