CH Robinson Worldwide's Earnings Preview


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


On Tuesday, CH Robinson Worldwide (NASDAQ:CHRW) will report its last quarter's earnings. Here is Benzinga's take on the company's release.

Earnings and Revenue

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Analysts predict CH Robinson Worldwide will report earnings of 84 cents per share on revenue of $3.7 billion.

In the same quarter last year, CH Robinson Worldwide reported EPS of 86 cents per share on revenue of $3.4 billion. If the company were to post earnings inline with the current consensus estimate when it reports Tuesday, EPS would be down 2.33 percent. Sales would be up 8.64 percent from the same quarter last year.

The company's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.83 0.91 0.81 0.84
EPS Actual 0.85 0.78 0.86 0.86

 

Q4 EPS Estimate: 84 cents per share
Q4 Revenues Estimate: $3 billion

Stock Performance

Shares of CH Robinson Worldwide are trading at $96.61. Over the last 52-week period, shares are up 27.7 percent. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The most common rating from analysts on CH Robinson Worldwide stock is a Sell. The strength of this rating has maintained conviction over the past three months.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNewsPreviewsTrading IdeasEarnings Previews