C. H. Robinson Worldwide (CHRW) Tops Q1 EPS by 51c

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C.H. Robinson Reports 2022 First Quarter Results

April 27, 2022 4:05 PM EDT

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)-- C.H. Robinson Worldwide, Inc. (C.H. Robinson) (Nasdaq: CHRW) today reported financial results for the quarter ended March 31, 2022.

First Quarter Key Metrics:

Gross profits increased 29.1% to $900.5 million Adjusted gross profits(1) increased 29.0% to $906.2 million Income from operations increased 54.7% to $345.5 million Adjusted operating margin(1) increased 630 basis points to 38.1% Diluted earnings per share (EPS) increased 60.2% to $2.05 Cash used by operations improved by $42.8 million to $13.9 million

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