Sino-Global Shipping America (SINO) Releases Quarterly Earnings Results, Misses Expectations By $0.08 EPS

Sino-Global Shipping America (NASDAQ:SINO) issued its quarterly earnings data on Wednesday. The transportation company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.08), Fidelity Earnings reports. Sino-Global Shipping America had a negative return on equity of 17.02% and a negative net margin of 11.02%. The firm had revenue of $22.77 million during the quarter.

NASDAQ:SINO traded up $0.06 during trading hours on Thursday, hitting $0.85. 26,716 shares of the company were exchanged, compared to its average volume of 57,851. Sino-Global Shipping America has a 52-week low of $0.73 and a 52-week high of $1.65.

Separately, Maxim Group reaffirmed a “buy” rating and issued a $1.75 price objective on shares of Sino-Global Shipping America in a research report on Thursday, February 14th.

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Sino-Global Shipping America Company Profile

Sino-Global Shipping America, Ltd. provides shipping and freight logistics integrated solution in the United States, the People's Republic of China, Hong Kong, Australia, and Canada. Its services include inland transportation management, freight logistics, container trucking services, and bulk cargo container services.

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Earnings History for Sino-Global Shipping America (NASDAQ:SINO)

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