Brief: Covenant Transportation reports Q3 EPS of $0.12

Covenant Logistics

21/10/2014 21:00

Oct 21 (Reuters) - Covenant Transportation Group Inc  CVTI.O : 
 * Announces third quarter financial and operating results 
 * Q3 earnings per share $0.12 
 * Q3 revenue rose 3.9 percent to $177.6 million 
 * Q3 earnings per share view $0.30 -- Thomson Reuters I/B/E/S 
 * Qtrly net income includes an unfavorable after-tax impact of approximately 
   $4.6 million, or $0.30 per share 
 * Says expect to continue using fuel price hedges periodically to mitigate 
   potential volatility in fuel prices 
 * Says "outlook for the fourth quarter of 2014 is positive" 
 * Source text for Eikon  ID:nGNXVBVGUa  
 * Further company coverage  CVTI.O  
 
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