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Covenant Logistics Non-GAAP EPS of $0.44 in-line, revenue of $296.89M beats by $6.69M Oct. 22, 2025 4:29 PM ETCovenant Logistics Group, Inc. (CVLG) StockBy : Mary Christine Joy, SA News Editor Comments Covenant Logistics press release (NYSE:CVLG): Q3 Non-GAAP EPS of $0.44 in-line. Revenue of $296.89M (+3.1% Y/Y) beats by $6.69M. Outlook Mr. Parker concluded, “Our outlook is impacted by both short-term and long-term factors. In the short term, we expect our Adjusted EPS for the fourth Quick Insights Short-term factors impacting Q4 EPS include lower TEL investment profits due to credit losses, a government shutdown affecting Department of Defense business, increased claims accruals, and the loss of a major Managed Freight customer, outweighing the expected peak season boost. Long-term beneficial trends include accelerating small carrier bankruptcies tightening industry capacity, stricter enforcement of driver regulations, unwinding of import-driven inventories, and potential positive effects from evolving tax, monetary, and trade policies. Covenant plans to grow its dedicated and warehouse businesses with acceptable margins, downsize truckload capacity until returns improve, and expects upfront restructuring costs but stronger, sustained results over time, leveraging experienced management and disciplined capital allocation. Recommended For You More Trending News
