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C.H. Robinson beat earnings estimates in Q4, raised its dividend, and saw stock near a 12-month high despite lower revenue.
C.H.
Robinson Worldwide posted Q4 earnings of $1.23 per share, beating expectations, though revenue fell 6.5% year-over-year to $3.91 billion due to weaker demand and lower pricing in freight services.
The company maintained strong profitability with a 34.24% return on equity and raised its quarterly dividend to $0.63, yielding 1.3%.
Despite a slight revenue miss and insider sales, multiple firms raised price targets, citing market share gains and expansion of its "Lean AI" initiative, while the stock traded near a 12-month high of $200.32.
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Es C.H. Robinson superó las estimaciones de ganancias en el cuarto trimestre, aumentó su dividendo, y vio acciones cerca de un máximo de 12 meses a pesar de ingresos más bajos.