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Stock impact report

Covenant Logistics (CVLG) Ascends While Market Falls: Some Facts to Note [Yahoo! Finance]

Covenant Logistics Group, Inc. - Class A (CVLG) 
Company Research Source: Yahoo! Finance
This move outpaced the S&P 500's daily loss of 1.23%. Meanwhile, the Dow experienced a drop of 1.36%, and the technology-dominated Nasdaq saw a decrease of 1.4%. Coming into today, shares of the truckload transportation services provider had lost 0.93% in the past month. In that same time, the Transportation sector gained 1.27%, while the S&P 500 gained 1.61%. Investors will be eagerly watching for the performance of Covenant Logistics in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on April 24, 2024. In that report, analysts expect Covenant Logistics to post earnings of $0.87 per share. This would mark a year-over-year decline of 6.45%. Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Covenant Logistics. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business healt Show less Read more
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