Echo Global Logistics Earnings Preview: Get Ahead of the Analysts

Echo Global Logistics (NASDAQ:ECHO) will report earnings after markets close on Thursday, April 25th. Echo Global Logistics, Inc. provides technology enabled business process outsourcing (NYSE:BPO) for transportation and logistics. The Company’s core logistics services include pre-engagement freight analysis, rate negotiation, shipment execution and tracking, carrier management, routing compliance, freight bill audit and payment and performance management and reporting.

Here is your Cheat Sheet to Echo Global Logistics Earnings:

Earnings Expectations: Analysts expect earnings of $0.16 per share on revenues of $212.82 million. Currently, the company’s P/E ratio stands at 38.04.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.21 to a profit $0.2. For the current year, the average estimate is a profit of $0.85, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Echo Global Logistics has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 202.81 259.56 426.37 602.76 757.69
Diluted EPS ($) 0.14 0.29 0.38 0.53 0.54

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 162.86 168.57 185.23 192.74 211.15
Diluted EPS ($) 0.15 0.15 0.15 0.10 0.14

Past Performance:
Echo Global Logistics has beat analyst estimates time in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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