C.H. Robinson Q4 2019 Earnings Report
Key Takeaways
C.H. Robinson reported a decrease in total revenues, net revenues, and income from operations for the fourth quarter of 2019. Total revenues decreased by 8.3% to $3.8 billion, net revenues decreased by 18.9% to $578.9 million, and income from operations decreased by 46.5% to $136.8 million. Diluted earnings per share (EPS) decreased 45.5% to $0.73.
Total revenues decreased 8.3 percent to $3.8 billion.
Net revenues decreased 18.9 percent to $578.9 million.
Income from operations decreased 46.5 percent to $136.8 million.
Diluted earnings per share (EPS) decreased 45.5 percent to $0.73.
C.H. Robinson
C.H. Robinson
C.H. Robinson Revenue by Segment
Forward Guidance
C.H. Robinson expects to deliver $100 million in operating expense reduction across the enterprise over the next three years. The company will continue to opportunistically repurchase shares to create value for shareholders and remains committed to leveraging technology to deliver smarter solutions.
Positive Outlook
- Focus on lowering cost to serve and cost to sell
- Expect to deliver $100 million in operating expense reduction across the enterprise over the next three years
- Leverage technology investments to further optimize office network and business operations
- Continue to expand the benefits and services offered to customers and carriers
- Continue to opportunistically repurchase shares to create value for shareholders
Revenue & Expenses
Visualization of income flow from segment revenue to net income