Covenant Logistics Group Inc reports results for the quarter ended June 30 - Earnings Summary

Covenant Logistics

23/07/2025 22:02

Covenant Logistics Group Inc CVLG.N reported quarterly adjusted earnings of 45 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 52 cents.  The mean expectation of four analysts for the quarter was for earnings of 43 cents per share. Wall Street expected results to range from 41 cents to 45 cents per share.

Revenue rose 5.3% to $302.85 million from a year ago; analysts expected $287.35 million.

Covenant Logistics Group Inc's reported EPS for the quarter was 36 cents​.

The company reported quarterly net income of $9.84 million.

Covenant Logistics Group Inc shares had risen by 0.0% this quarter and lost 11.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 9% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the ground freight & logistics peer group is also "buy"

Wall Street's median 12-month price target for Covenant Logistics Group Inc is $34.00, about 28.6% above its last closing price of $24.28

This summary was machine generated from LSEG data July 23 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.43
0.45
Beat
Mar. 31 2025
0.33
0.32
Missed
Dec. 31 2024
0.49
0.49
Met
Sep. 30 2024
0.55
0.55
Met