Echo Global Logistics Reports Record First Quarter 2021 Results

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Go back to Echo Global Logistics Reports Record First Quarter 2021 Results

Echo Global Logistics (ECHO) PT Raised to $50 at Cowen Following Earnings

April 29, 2021 11:30 AM EDT

Cowen analyst Jason Seidl raised the price target on Echo Global Logistics (NASDAQ: ECHO) to $50.00 (from $40.00) while maintaining an Outperform rating.

The analyst commented, "ECHO posted a record quarter that came in above consensus expectations and our forecasts. Thriving spot markets represented 53%... More

Echo Global Logistics (ECHO) Tops Q1 EPS by 14c; Guides Higher

April 28, 2021 4:03 PM EDT

Echo Global Logistics (NASDAQ: ECHO) reported Q1 EPS of $0.61, $0.14 better than the analyst estimate of $0.47. Revenue for the quarter came in at $800.8 million versus the consensus estimate of $705.18 million.

GUIDANCE:

Echo Global Logistics sees Q2 2021 revenue of $830-870 million, versus... More