Brief: Covenant Transportation - For Two Months Ended Feb 28 Average Freight Revenue Per Tractor Increased 6.3%

Covenant Logistics

14/03/2018 20:19

March 14 (Reuters) - Covenant Transportation Group Inc
 CVTI.O :
    * FOR TWO MONTHS ENDED FEB 28, 2018, AVERAGE FREIGHT REVENUE
PER
TRACTOR INCREASED 6.3% VERSUS LAST YEAR
    * "TRUCKLOAD FREIGHT ENVIRONMENT HAS BEEN FAVORABLE DURING
Q1 TO
DATE"
    * FLEET SIZE WAS ESSENTIALLY FLAT FOR FIRST 2 MONTHS OF 2018
VERSUS SAME 2017 PERIOD
    * EXPECT TO REPORT CONSOLIDATED EARNINGS FOR Q1 OF 2018 IN A
RANGE
OF $0.17 TO $0.23 PER DILUTED SHARE
    * Q1 EARNINGS PER SHARE VIEW $0.14 -- THOMSON REUTERS
I/B/E/S

Source text for Eikon:  ID:nGNX2MGCbg 
Further company coverage:  CVTI.O 

 (Reuters.Brief@thomsonreuters.com)