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Insights Into C.H. Robinson (CHRW) Q4: Wall Street Projections for Key Metrics

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The upcoming report from C.H. Robinson Worldwide (CHRW - Free Report) is expected to reveal quarterly earnings of $1.12 per share, indicating a decline of 7.4% compared to the year-ago period. Analysts forecast revenues of $3.96 billion, representing a decline of 5.4% year over year.

Over the last 30 days, there has been a downward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

That said, let's delve into the average estimates of some C.H. Robinson metrics that Wall Street analysts commonly model and monitor.

The average prediction of analysts places 'Total Revenues- NAST' at $2.86 billion. The estimate points to a change of +2% from the year-ago quarter.

Analysts expect 'Total Revenues- All Other and Corporate' to come in at $366.74 million. The estimate suggests a change of -26.4% year over year.

Analysts predict that the 'Total Revenues- Global Forwarding' will reach $736.12 million. The estimate suggests a change of -16.7% year over year.

The combined assessment of analysts suggests that 'Average employee headcount' will likely reach 12,245 . The estimate compares to the year-ago value of 13,869 .

The collective assessment of analysts points to an estimated 'Adjusted Gross Profit- Global Forwarding' of $179.64 million. Compared to the current estimate, the company reported $203.80 million in the same quarter of the previous year.

According to the collective judgment of analysts, 'Adjusted Gross Profit- All Other & Corporate' should come in at $66.29 million. Compared to the current estimate, the company reported $77.06 million in the same quarter of the previous year.

Based on the collective assessment of analysts, 'Adjusted Gross Profit- NAST' should arrive at $416.05 million. Compared to the present estimate, the company reported $403.76 million in the same quarter last year.

Analysts forecast 'Adjusted Gross Profit- All Other & Corporate- Managed Solutions' to reach $24.50 million. Compared to the present estimate, the company reported $28.13 million in the same quarter last year.

Analysts' assessment points toward 'Adjusted Gross Profit- All Other & Corporate- Robinson Fresh' reaching $31.65 million. Compared to the current estimate, the company reported $35.98 million in the same quarter of the previous year.

The consensus estimate for 'Adjusted Gross Profit- Global Forwarding- Other' stands at $9.69 million. The estimate compares to the year-ago value of $9.70 million.

It is projected by analysts that the 'Adjusted Gross Profit- Global Forwarding- Customs' will reach $30.36 million. Compared to the current estimate, the company reported $26.50 million in the same quarter of the previous year.

The consensus among analysts is that 'Adjusted Gross Profit- Global Forwarding- Ocean' will reach $102.73 million. The estimate compares to the year-ago value of $127.10 million.

View all Key Company Metrics for C.H. Robinson here>>>

Over the past month, shares of C.H. Robinson have returned +8.6% versus the Zacks S&P 500 composite's +0.4% change. Currently, CHRW carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .


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