C.H. Robinson Worldwide Inc. Profit Advances 12% In Q3

(RTTNews) - C.H. Robinson Worldwide Inc. (CHRW) revealed earnings for its third quarter that increased compared to the same period last year.

The company said its bottom line advanced to $139.423 million, or $0.96 per share. This was up from $124.98 million, or $0.85 per share, in last year's third quarter.

Analysts had expected the company to earn $0.94 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.4% to $3.42 billion. This was down from $3.47 billion last year.

C.H. Robinson Worldwide Inc. earnings at a glance:

-Earnings (Q3): $139.423 Mln. vs. $124.98 Mln. last year. -Earnings Growth (Y-o-Y): 11.6% -EPS (Q3): $0.96 vs. $0.85 last year. -EPS Growth (Y-o-Y): 12.9% -Analysts Estimate: $0.94 -Revenue (Q3): $3.42 Bln vs. $3.47 Bln last year. -Revenue Change (Y-o-Y): -1.4%