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C.H. Robinson smashes estimates, takes advantage of constrained environment

C.H. Robinson smashes estimates, takes advantage of constrained environment

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C.H. Robinson posted third-quarter adjusted earnings per share of $1.85, easily beating the Street’s consensus estimate of $1.42 a share, up 85% year-over-year (y/y). Gross revenue for the third quarter totaled $6.3 billion, up 48.3% y/y driven by higher pricing and volume across most of Robinson’s services.

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