Covenant Logistics Gr (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.