Covenant Logistics Group 7/24/2024 Earnings Report

Covenant Logistics Group EPS Results

• Actual EPS: $0.52
• Consensus EPS: $0.48
• Beat/Miss: Beat by +$0.05
• One Year Ago EPS: $0.54

Covenant Logistics Group Revenue Results

• Actual Revenue: $287.50 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Covenant Logistics Group Announcement Details

• Date: 7/24/2024
• Time: After Market Closes
• Conference Call Date: N/A
• Conference Call Time: N/A

Covenant Logistics Group (NYSE:CVLG) provides a comprehensive suite of transportation and logistics services across North America. The company’s core offerings include less‐than‐truckload (LTL) and full truckload hauling, temperature‐controlled freight, intermodal transportation and freight brokerage. Covenant also delivers specialized solutions such as expedited “hot‐shot” deliveries, cross‐border shipping to Canada and Mexico, and dedicated contract carriage for time‐sensitive or high‐value shipments.

With a network of service centers, terminals and partner carriers strategically located throughout the United States, Covenant supports diverse industries including food and beverage, automotive, retail, energy and manufacturing. The company leverages technology‐enabled planning tools, real‐time tracking and a centralized customer service platform to optimize routing, improve on-time performance and enhance supply‐chain visibility for its clients.

Founded in 1986 by David Parker and headquartered in Chattanooga, Tennessee, Covenant Logistics Group has expanded organically and through targeted acquisitions to build its current footprint. The company’s leadership team comprises seasoned logistics professionals focused on service excellence, safety and operational efficiency. Covenant is publicly traded on the New York Stock Exchange under the ticker CVLG and continues to invest in network expansion, equipment upgrades and digital tools to meet evolving customer needs.