Covenant Transportation Group Announces First Quarter Financial and Operating Results

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

Covenant Transportation (CVTI) Misses Q1 EPS by 2c, Revenue Beats

May 19, 2020 4:04 PM EDT

Covenant Transportation (NASDAQ: CVTI) reported Q1 EPS of ($0.12), $0.02 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $213.6 million versus the consensus estimate of $199.27 million.

Outlook

Mr. Parker concluded, We are encouraged by the initial positive results of our strategic plan execution and structural... More