C.H. Robinson Q1 EPS $1.35 Beats Estimates

C.H. Robinson reported Q1 adjusted EPS of $1.35, topping analysts' $1.24 forecast.
Revenue fell 0.8% YoY to $4.0 billion, missing the $4.02 billion consensus, while adjusted gross profit slipped 1.9% to $660.5 million.
Adjusted operating margin rose 30 bps to 26.6% and adjusted income from operations grew 5.6% to $195.9 million.
Shareholder return totaled $359.8 million, including $280.7 million in buybacks and $79.0 million dividend, up 105.6% YoY.