Covenant Logistics Group (NASDAQ:CVLG) reported its Q4 earnings results on Wednesday, January 26, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Covenant Logistics Group beat estimated earnings by 1.9%, reporting an EPS of $1.07 versus an estimate of $1.05, which did not surprise analysts.
Revenue was up $69.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0, which was followed by a 21.31% drop in the share price the next day.
Here's a look at Covenant Logistics Group's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.02 | 0.67 | 0.36 | 0.61 |
| EPS Actual | 1.02 | 0.96 | 0.56 | 0.61 |
| Revenue Estimate | 259.87M | 225.27M | 206.15M | 228.07M |
| Revenue Actual | 274.56M | 256.32M | 220.89M | 225.23M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
