Covenant Transportation Group Announces Third Quarter Financial and Operating Results

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Go back to Covenant Transportation Group Announces Third Quarter Financial and Operating Results

Covenant Transportation (CVTI) Tops Q3 EPS by 1c

October 16, 2015 7:55 AM EDT

Covenant Transportation (NASDAQ: CVTI) reported Q3 EPS of $0.42, $0.01 better than the analyst estimate of $0.41. Revenue for the quarter came in at $173.5 million versus the consensus estimate of $180.25 million.

Guidance:

CFO Richard B. Cribbs commented: We expect our average fleet size for fiscal 2015 to be approximately 3%-5% above that of fiscal 2014. Fourth quarter performance will depend... More