CH Robinson – fourth quarter & full year results

January 26, 2021 by Choice Aviation Services0Air Cargo

After the US markets closed today, CH Robinson reported financial results for the quarter ended December 31, 2020, highlighting the following Q4'20 key metrics:
– Gross profits increased 10.5 percent to $636.1 million
– Adjusted gross profits(1) increased 10.7 percent to $640.6 million
– Income from operations increased 51.2 percent to $206.8 million
– Adjusted operating margin(1) increased 870 basis points to 32.3 percent
– Diluted earnings per share (EPS) increased 47.9 percent to $1.08
– Cash …

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