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C.H. Robinson Shares Fall More Than 10% Despite Third-Quarter Earnings Beat

C.H. Robinson Shares Fall More Than 10% Despite Third-Quarter Earnings Beat

Photo: TokenPost

C.H. Robinson Worldwide, Inc. shares fell more than 10% in Wednesday morning trading, Oct. 28, despite the company exceeding third-quarter earnings expectations and recording 29.5% year-over-year revenue growth. Revenue for the quarter topped the $5.36 billion consensus estimate. Cash generated from operations was lower than in the same quarter a year earlier. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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