Echo Global Logistics Reports First Quarter 2019 Results
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Echo Global Logistics (ECHO) Tops Q1 EPS by 2c, Revenues Miss; Offers 2Q Revenue Guidance Below Consensus, FY19 Revenue Mid-Point Guidance Below Consensus
April 24, 2019 4:06 PM EDTEcho Global Logistics (NASDAQ: ECHO) reported Q1 EPS of $0.38, $0.02 better than the analyst estimate of $0.36. Revenue for the quarter came in at $538.1 million versus the consensus estimate of $550.49 million.
"This was another strong quarter of profitability and cash flow for Echo," said Doug Waggoner, Chairman of the Board of Directors and Chief Executive Officer at Echo. "In an environment with lower truckload spot business and lower... More
