Covenant Transportation Group Announces Third Quarter Financial and Operating Results

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Covenant Transportation (CVTI) Misses Q1 EPS by 18c

October 21, 2014 4:28 PM EDT

Covenant Transportation (NASDAQ: CVTI) reported Q1 EPS of $0.12, $0.18 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $177.6 million versus the consensus estimate of $176.9 million.

Operating income of $5.6 million and an operating ratio of 96.1%, compared with operating income of... More