Echo Global Logistics (ECHO) Misses Q1 EPS by 1c; Guides Q2 Revs Lower, Suspend FY

Echo Global Logistics (NASDAQ: ECHO) reported Q1 EPS of $0.19, $0.01 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $551 million versus the consensus estimate of $550.88 million.

GUIDANCE:

Echo Global Logistics sees Q2 2020 revenue of $450-500 million, versus the consensus of $519.8 million.

020 Second Quarter Guidance

"Due to the economic uncertainty caused by the coronavirus pandemic, we have suspended revenue guidance for the full year 2020.'

For earnings history and earnings-related data on Echo Global Logistics (ECHO) click here.

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