Echo Global Logistics Reports Record Third Quarter 2020 Revenue

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Go back to Echo Global Logistics Reports Record Third Quarter 2020 Revenue

Echo Global Logistics (ECHO) PT Raised to $37 at Cowen

October 29, 2020 6:45 AM EDT

Cowen analyst Jason Seidl raised the price target on Echo Global Logistics (NASDAQ: ECHO) to $37.00 (from $30.00) while maintaining an Outperform rating.

The analyst commented, "ECHO handily beat 3Q estimates with a 4Q revenue guide well-above our and street expectations.... More

Echo Global Logistics (ECHO) Tops Q3 EPS by 11c

October 28, 2020 4:36 PM EDT

Echo Global Logistics (NASDAQ: ECHO) reported Q3 EPS of $0.40, $0.11 better than the analyst estimate of $0.29. Revenue for the quarter came in at $691.5 million versus the consensus estimate of $604.58 million.

"The third quarter was Echo's strongest quarter ever in both revenue and... More