Brief: Covenant Transportation Group Q4 Earnings Per Share $0.89

Covenant Logistics

23/01/2019 21:28

Covenant Transportation Group Inc  CVTI.O :
    * COVENANT TRANSPORTATION GROUP ANNOUNCES FOURTH QUARTER
FINANCIAL
AND OPERATING RESULTS
    * Q4 EARNINGS PER SHARE $0.89
    * Q4 REVENUE $272.3 MILLION VERSUS REFINITIV IBES ESTIMATE
OF $266
MILLION
    * Q4 EARNINGS PER SHARE ESTIMATE $0.76 -- REFINITIV IBES
DATA
    * Q4 ADJUSTED EARNINGS PER SHARE $0.92
    * OUR EARNINGS OUTLOOK FOR 2019 IS POSITIVE
    * EXPECT TO DELIVER EARNINGS IMPROVEMENT FOR Q1 OF 2019 AS
COMPARED TO Q1 OF 2018
    * FOR FULL YEAR 2019, WE EXPECT ADJUSTED EARNINGS PER
DILUTED
SHARE TO INCREASE MODESTLY OVER 2018
    * EXPECT TO REDUCE COMBINED BALANCE SHEET AND OFF-BALANCE
SHEET
DEBT OVER COURSE OF FISCAL 2019

Source text for Eikon:  ID:nGNX9dmYjj 
Further company coverage:  CVTI.O