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Thursday, October 26, 2017

=Echo Global Logistics (ECHO) reported earnings on Thur 26 Oct 2017 (b/o)

Echo Global Logistics, Inc. is a provider of technology-enabled transportation and supply chain management services.




Echo Global Logistics beats by $0.09, beats on revs; guides Q4 revs above consensus 
  • Reports Q3 (Sep) earnings of $0.27 per share, excluding non-recurring items, $0.09 better than the Capital IQ Consensus of $0.18; revenues rose 10.7% year/year to $509.5 mln vs the $473.44 mln Capital IQ Consensus.
  • Co issues upside guidancefor Q4, sees Q4 revs of $460-500 mln, excluding non-recurring items, vs. $438.03 mln Capital IQ Consensus Estimate.

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