Covenant Logistics Group, Inc. (CVLG) Misses Q4 EPS by 5c, Beats on Revenue

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Go back to Covenant Logistics Group, Inc. (CVLG) Misses Q4 EPS by 5c, Beats on Revenue

Covenant Logistics Group Announces Fourth Quarter Financial and Operating Results

January 25, 2023 4:45 PM EST

CHATTANOOGA, Tenn., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (Covenant or the Company) announced today financial and operating results for the fourth quarter ended December 31, 2022. The Companys conference call to discuss the quarter will be held at 10:00 A.M. Eastern Time on Thursday, January 26, 2023.

Chairman and Chief Executive Officer, David R. Parker, commented: Fourth quarter earnings were $0.81 per diluted share and non-GAAP adjusted earnings were $1.37 per diluted share. The primary difference between the two relates to an early lease abandonment and disposal charge and excess equipment expense discussed in... More