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Echo Global Logistics (ECHO -5.4%) slides after its Q1 misses estimates across the board. Net...

Apr. 26, 2013 12:49 PM ETEcho Global Logistics, Inc. (ECHO) StockECHOBy: David Yelle, SA News Editor
Echo Global Logistics (ECHO -5.4%) slides after its Q1 misses estimates across the board. Net profit fell 10% as the transport-services firm's growing expenses and charges offset a 21% jump in revenue. The company also lowered its FY13 earnings outlook, now expecting to earn between $0.78 to $0.84 per share on revenue of $900M to $940M. The company had previously targeted an EPS of $0.82 to $0.90 on revenue of $940M to $980M.

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