Recap: Covenant Logistics Gr Q4 Earnings

Covenant Logistics Gr CVLG reported its Q4 earnings results on Tuesday, January 23, 2024 at 04:00 PM.

Here's what investors need to know about the announcement.

Covenant Logistics Gr beat estimated earnings by 3.88%, reporting an EPS of $1.07 versus an estimate of $1.03.

Revenue was down $22.07 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 4.45% drop in the share price the next day.

Here's a look at Covenant Logistics Gr's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	1.12	0.95	0.81	1.41
EPS Actual	1.13	1.07	0.93	1.37
Revenue Estimate	289.65M	269.90M	258.10M	294.67M
Revenue Actual	288.72M	274.02M	266.85M	296.06M

To track all earnings releases for Covenant Logistics Gr visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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