Covenant Logistics Group First Quarter 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]
Covenant Logistics Group, Inc. - Class A (CVLG)
Company Research
Source: Yahoo! Finance
Net income: US$3.82m (down 77% from 1Q 2023). Profit margin: 1.4% (down from 6.2% in 1Q 2023). The decrease in margin was driven by higher expenses. EPS: US$0.29 (down from US$1.23 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Covenant Logistics Group EPS Misses Expectations Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 63%. Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Transportation industry in the US. Performance of the American Transportation industry. The company's share price is broadly unchanged from a week ago. Valuation Our analysis of Covenant Logistics Group based on 6 different valuation metrics shows it might be undervalued. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year. Have feedback o
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CVLG
News
- Covenant Logistics Group Announces Quarterly Cash DividendGlobeNewswire
- Shareholders May Be More Conservative With Covenant Logistics Group, Inc.'s (NASDAQ:CVLG) CEO Compensation For Now [Yahoo! Finance]Yahoo! Finance
- Ballad Health, Niswonger Foundation Make Lifesaving Investment to Enhance Availability of Kidneys for Transplant, Reduce Costs of Care [Yahoo! Finance]Yahoo! Finance
- Covenant Logistics Group Announces Appointment of Chief Operating Officer [Yahoo! Finance]Yahoo! Finance
- Covenant Logistics Group Announces Appointment of Chief Operating OfficerGlobeNewswire
CVLG
Earnings
- 4/24/24 - Beat
CVLG
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- CVLG's page on the SEC website