Echo Global Logistics Reports Record Fourth Quarter 2020 Revenue
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February 4, 2021 6:33 AM EST
Cowen analyst Jason Seidl raised the price target on Echo Global Logistics (NASDAQ: ECHO) to $40.00 (from $37.00) while maintaining an Outperform rating.
The analyst commented, "ECHO reported a very strong Q4 as its Truckload segment was propelled by 20% increase in volume and 30% increase in revenue per... More
February 3, 2021 4:05 PM EST
Echo Global Logistics (NASDAQ: ECHO) reported Q4 EPS of $0.56, $0.13 better than the analyst estimate of $0.43. Revenue for the quarter came in at $754.3 million versus the consensus estimate of $703.49 million.
"I'm incredibly proud of the results we posted in 2020. From quickly adjusting to working remotely in the first part of the year to then executing in an extremely competitive freight market with... More
