Echo Global Logistics (Nasdaq: ECHO) reported earnings on July 25. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q2), Echo Global Logistics beat expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue grew significantly. Non-GAAP earnings per share didn't move. GAAP earnings per share expanded significantly.

Gross margins dropped, operating margins expanded, net margins were steady.

Revenue details
 Echo Global Logistics tallied revenue of $224.1 million. The nine analysts polled by S&P Capital IQ expected to see a top line of $218.9 million on the same basis. GAAP reported sales were 21% higher than the prior-year quarter's $185.2 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
 EPS came in at $0.17. The 10 earnings estimates compiled by S&P Capital IQ forecast $0.17 per share. Non-GAAP EPS of $0.17 were the same as the prior-year quarter. GAAP EPS of $0.18 for Q2 were 20% higher than the prior-year quarter's $0.15 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Margin details
 For the quarter, gross margin was 17.7%, 110 basis points worse than the prior-year quarter. Operating margin was 3.0%, 10 basis points better than the prior-year quarter. Net margin was 1.8%, much about the same as the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $239.0 million. On the bottom line, the average EPS estimate is $0.22.

Next year's average estimate for revenue is $919.4 million. The average EPS estimate is $0.79.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 51 members out of 62 rating the stock outperform, and 11 members rating it underperform. Among 22 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 20 give Echo Global Logistics a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Echo Global Logistics is outperform, with an average price target of $22.40.

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