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Echo Global Logistics Inc Issues Q4 2012 Guidance; Revenue Guidance In Line With Analysts' Estimates


Thursday, 25 Oct 2012 04:00pm EDT 

Echo Global Logistics Inc announced that based on the current operating environment as well as the anticipated growth that will result in the fourth quarter from its recent acquisition of Sharp Freight Systems, the Company anticipate its fourth quarter of 2012 revenue to be in the range of $200 to $215 million and fully diluted EPS, excluding the tax effected changes in contingent consideration payable, to be in the range of $0.16 to $0.18. This EPS estimate includes approximately $0.02 to $0.03 related to deal and integration costs associated with the Company's acquisition of Sharp. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $206 million for the fourth quarter of 2012. 

Company Quote

22.62
-0.93 -3.95%
1 Oct 2014